Suburb Profile Report for Wallaga Lake NSW (2546)

Wallaga Lake House: Median price $341,500, Annual capital growth 2.01%, Number of sales 16, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Wallaga Lake, 2546 have given investors a capital gain of -25.44%. This compares very badly with the 7.28% for NSW as a whole.

If we look at median property appreciation over just the last three months, Wallaga Lake has given property investors a paper return of -7.20%. This puts Suburb as 1335 on a list of fastest fasting appreciating suburbs in NSW

Vendor discounting in Wallaga Lake is giving property investors an average Vendor Discount of around -5.51%. This puts suburb at number 522th in NSW when ranking the most discounted suburbs.

Wallaga Lake is 308th on a list of best yielding suburbs for rents in NSW with a 4.57% return

Metrics i HOUSE UNIT
$341,500 N/A
-7.20% N/A
-25.44% N/A
2.01% N/A
$300 N/A
16 N/A
4.57% N/A
121.6 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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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
Recent sales & rentals