Suburb Profile Report for Wallabi Point NSW (2430)

Wallabi Point House: Median price $511,500, Annual capital growth 11.67%, Number of sales 20, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Wallabi Point, 2430 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 13.92%

The five-year average increase in median property values for Wallabi Point,2430 has given property investors a potential capital gain of 11.68% across each of those five years.

Wallabi Point, 2430 is offering NSW ‘s 1074th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this NSW.

Often selling an investment property can take time, and in Wallabi Point the average time real estate has been on the market is 112.53 days.

A $450 per week rent on the median house gives suburb investors a gross yield of circa 4.57%, without taking into account capital value appreciation, which has been averaging out at 11.67%.

HOUSE UNIT
$511,500 N/A
1.59% N/A
13.92% N/A
11.67% N/A
$450 N/A
20 N/A
4.57% N/A
112.53 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
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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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