Property investors who have had real estate in Wallerawang, 2845 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 17.65%
Taking the average capital gain, or increase in median house value, Wallerawang,2845 has racked up an average of 17.65% over the period. This ranks it number 2286th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Wallerawang are currently offering property investors an average price cut of -2.98% below the asking price at the moment.
At number 2775 in a list of fastest selling suburbs, Wallerawang is in the bottom 30% of suburbs in Australia with an average of days on market 104 for properties listed there.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 3.63%, investors should hope to achieve an overall return of 5.72%