Over the last year, property investments in Wallsend, 2287 have given investors a capital gain of 8.64%. This compares averagely with the 9.05% for NSW as a whole.
A 37.50% growth in median value for property investors in Wallsend,2287 puts this suburb at number 554th in terms of best performing suburbs in NSW
Sellers are offering property buyers an average discount of -5.03% to buyers in Wallsend at the moment, which is less than average for the rest of NSW.
At number 594 in a list of fastest selling suburbs, Wallsend is in the TOP 20% of suburbs in Australia with an average of days on market 50.21 for properties listed there.
Wallsend, 2287’s gross rental yield is 4.49%
Wallsend, 2287 ranked 234th in NSW when comparing growth in median property values or capital gain over the last 12 months. Wallsend is one of 3163 in our list for NSW
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Wallsend has increased when compared to the 5 year average annual rate.
At number 238th of NSW’s most discounted properties, Wallsend is in the middle of the state/territory when listing in order of most discounted to least.
With the median price for a house in Wallsend being $379000 and the advertised rent reaching $362.5 the gross rental yield for property investors calculates out to be 4.97%