Suburb Profile Report for Wallacia NSW (2745)

Wallacia House: Median price $682,500, Annual capital growth 6.29%, Number of sales 26, Weekly median advertised rent $475

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

Source: CoreLogic

  • House Report

With a capital gain of -27.97% for the last 12 months, Wallacia, 2745 has performed for property investments than its average annual 6.29% property growth over the last 5 years.

Comparing Wallacia,2745 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.35% offered to property buyers. Sellers in Wallacia itself are offering an average vendor discount of -3.35% to real estate investors.

A $475 per week rent on the median house gives suburb investors a gross yield of circa 3.62%, without taking into account capital value appreciation, which has been averaging out at 6.29%.

Metrics i HOUSE UNIT
$682,500 N/A
0.37% N/A
-27.97% N/A
6.29% N/A
$475 N/A
26 N/A
3.62% N/A
60.94 N/A

Source: CoreLogic

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