Suburb Profile Report for Wallabi Point NSW (2430)

Wallabi Point House: Median price $542,000, Annual capital growth 15.44%, Number of sales 19, Weekly median advertised rent $375

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Investment property in Wallabi Point has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.65%

If we look at median property appreciation over just the last three months, Wallabi Point has given property investors a paper return of 1.31%. This puts Suburb as 962 on a list of fastest fasting appreciating suburbs in NSW

LACK OF BUYER INTEREST may well be the reason that Wallabi Point is offering property investors an average of -5.35. This rate of discount on properties puts Suburb at number 931th in terms of most discounted suburbs in NSW

Often selling an investment property can take time, and in Wallabi Point the average time real estate has been on the market is 114.57 days.

The NSW suburb of Wallabi Point, 2430 is in the Greater Taree local government area.

Metrics i HOUSE UNIT
$542,000 N/A
1.31% N/A
7.65% N/A
15.44% N/A
$375 N/A
19 N/A
3.60% N/A
114.57 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 545
Median household income ($/weekly) 1513
Median age of persons 40
Median housing loan repayment ($/monthly) 1733
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 64 11.7
    25-34 years 56 10.3
    35-44 years 72 13.2
    45-54 years 99 18.1
    55-64 years 110 20.1
    Others 145 26.6
    Age Group
    Census Count Percent(%)
    Registered Married 224 54.2
    Not Married 132 32.0
    Defacto Relationship 57 13.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 487 90.2
    Papua New Guinea 6 1.1
    Philippines 6 1.1
    United Kingdom 20 3.7
    Other 6 1.1
    Others 15 2.8
    Country of Birth
    Census Count Percent(%)
    Christianity 367 73.0
    No Religion 121 24.1
    Buddhism 15 3.0
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 17 9.2
    $1,000-$1,249 17 9.2
    $1,250-$1,499 17 9.2
    $1,500-$1,999 35 18.9
    $2,000-$2,499 26 14.1
    Others 73 39.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 156 36.7
    Not in the labour force 129 30.4
    Employed, worked part-time 99 23.3
    Employed, away from work 21 4.9
    Unemployed, looking for work 20 4.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 32 11.5
    Professionals 79 28.3
    Technicians & trades workers 46 16.5
    Clerical & administrative workers 32 11.5
    Sales 37 13.3
    Others 53 19.0
    Occupation
    Census Count Percent(%)
    Pre-school 17 12.5
    Infants/Primary 48 35.3
    Secondary 36 26.5
    Technical or Further Educational Institution 13 9.6
    University or other Tertiary Institutions 18 13.2
    Others 4 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 494 92.3
    Semi-detached, row or terrace house, townhouse 41 7.7
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 84 42.2
    Fully owned 68 34.2
    Rented 47 23.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals