Suburb Profile Report for Wallacia NSW (2745)

Wallacia House: Median price $704,000, Annual capital growth 5.15%, Number of sales 23, Weekly median advertised rent $500

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Wallacia, 2745 have given investors a capital gain of -8.87%. This compares very badly with the 11.06% for NSW as a whole.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Wallacia has increased when compared to the 5 year average annual rate.

LACK OF BUYER INTEREST may well be the reason that Wallacia is offering property investors an average of -5.22. This rate of discount on properties puts Suburb at number 351th in terms of most discounted suburbs in NSW

Metrics i HOUSE UNIT
$704,000 N/A
3.15% N/A
-8.87% N/A
5.15% N/A
$500 N/A
23 N/A
3.69% N/A
65.78 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Balanced (U)
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Demographics
Total population 1700
Median household income ($/weekly) 1309
Median age of persons 39
Median housing loan repayment ($/monthly) 2080
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 260 15.3
    25-34 years 186 10.9
    35-44 years 259 15.2
    45-54 years 255 15.0
    55-64 years 237 13.9
    Others 504 29.6
    Age Group
    Census Count Percent(%)
    Registered Married 712 56.5
    Not Married 459 36.4
    Defacto Relationship 90 7.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1339 82.9
    Netherlands 17 1.1
    Papua New Guinea 28 1.7
    United Kingdom 93 5.8
    Other 42 2.6
    Others 96 5.9
    Country of Birth
    Census Count Percent(%)
    Christianity 1372 86.3
    No Religion 193 12.1
    Buddhism 15 0.9
    Islam 6 0.4
    Other Religious Groups 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 56 11.1
    $1,000-$1,249 51 10.1
    $1,500-$1,999 56 11.1
    $2,000-$2,499 52 10.3
    $2,500-$2,999 45 8.9
    Others 246 48.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 563 43.9
    Not in the labour force 375 29.3
    Employed, worked part-time 247 19.3
    Employed, away from work 66 5.1
    Unemployed, looking for work 31 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 153 17.5
    Professionals 107 12.3
    Technicians & trades workers 155 17.8
    Clerical & administrative workers 151 17.3
    Machinery operators & drivers 90 10.3
    Others 216 24.8
    Occupation
    Census Count Percent(%)
    Infants/Primary 155 39.4
    Secondary 125 31.8
    Pre-school 42 10.7
    University or other Tertiary Institutions 42 10.7
    Technical or Further Educational Institution 29 7.4
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1471 90.8
    Caravan, cabin, houseboat 71 4.4
    Flat, unit or apartment 58 3.6
    Semi-detached, row or terrace house, townhouse 16 1.0
    Improvised home, tent, sleepers out 4 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 231 40.5
    Fully owned 228 40.0
    Rented 107 18.8
    Other tenure type 4 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals