With a capital gain of 32.27% for the last 12 months, Wallacia, 2745 has performed for property investments than its average annual 4.84% property growth over the last 5 years.
Wallacia,2745 was ranked 3758 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Wallacia are currently offering property investors an average price cut of -2.58% below the asking price at the moment.
On average over the past year, suburb has had 2.25 sales per month, which equates to 27 per year.
With the median price for a house in Wallacia being $727500 and the advertised rent reaching $442.5 the gross rental yield for property investors calculates out to be 3.16%