Suburb Profile Report for Wallaga Lake NSW (2546)

Wallaga Lake House: Median price $415,000, Annual capital growth 3.43%, Number of sales 18, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Wallaga Lake is in the bottom 20% in NSW when comparing median price capital growth over the last year. Wallaga Lake gave property investors a dismal capital gain figure when compared to the rest of the state, with -1.19%.

Taking the average capital gain, or increase in median house value, Wallaga Lake,2546 has racked up an average of -1.19% over the period. This ranks it number 1467th in the whole country for real estate investors looking at median house price increases.

Property investors looking for a bargain in Wallaga Lake should be aiming for at least -2.77% off the asking price, which is the average vendor discount being achieved at the moment.

The NSW suburb of Wallaga Lake, 2546 is in the Bega Valley local government area.

Metrics i HOUSE UNIT
$415,000 N/A
12.77% N/A
-1.19% N/A
3.43% N/A
N/A N/A
18 N/A
N/A N/A
70.7 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 525
Median household income ($/weekly) 675
Median age of persons 60
Median housing loan repayment ($/monthly) 1500
Average household size 1.9
  • Census Count Percent(%)
    5-14 years 48 9.1
    45-54 years 68 12.9
    55-64 years 127 24.1
    65-74 years 124 23.6
    75-84 years 46 8.7
    Others 113 21.5
    Age Group
    Census Count Percent(%)
    Registered Married 231 56.6
    Not Married 141 34.6
    Defacto Relationship 36 8.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 426 84.4
    China 3 0.6
    Greece 6 1.2
    Papua New Guinea 4 0.8
    United Kingdom 42 8.3
    Others 24 4.8
    Country of Birth
    Census Count Percent(%)
    Christianity 289 62.0
    No Religion 169 36.3
    Buddhism 8 1.7
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 29 13.2
    $400-$599 52 23.6
    $600-$799 35 15.9
    $800-$999 24 10.9
    $1,250-$1,499 18 8.2
    Others 62 28.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 251 57.8
    Employed, worked part-time 88 20.3
    Employed, worked full-time 74 17.1
    Unemployed, looking for work 12 2.8
    Employed, away from work 9 2.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 28 16.2
    Technicians & trades workers 30 17.3
    Community & personal service workers 25 14.5
    Sales 22 12.7
    Labourers 21 12.1
    Others 47 27.2
    Occupation
    Census Count Percent(%)
    Pre-school 9 12.3
    Infants/Primary 28 38.4
    Secondary 18 24.7
    Technical or Further Educational Institution 10 13.7
    University or other Tertiary Institutions 5 6.8
    Others 3 4.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 426 88.6
    Caravan, cabin, houseboat 50 10.4
    Improvised home, tent, sleepers out 5 1.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 134 57.8
    Being purchased 54 23.3
    Rented 44 19.0
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
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