Suburb Profile Report for West Wallsend NSW (2286)

West Wallsend House: Median price $440,000, Annual capital growth 6.07%, Number of sales 65, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report

Giving property investors a an unimpressive capital gain of 1.73% for the last year, West Wallsend, 2286 is the 2910th highest performer in Australia in this respect.

Across a shorter period, West Wallsend, 2286 has seen a median price increase of 0.00% over the last quarter.

At number 783th of NSW’s most discounted properties, West Wallsend is in the TOP 40% of the state/territory when listing in order of most discounted to least.

At number 1537 in a list of fastest selling suburbs, West Wallsend is just in the top half of suburbs in Australia with an average of days on market 65.34 for properties listed there.

Using the current median advertised rental of $400 and the average annual increase in value of a median property of 6.07%, investors should hope to achieve an overall return of 4.73%

Metrics i HOUSE UNIT
$440,000 N/A
0.00% N/A
1.73% N/A
6.07% N/A
$400 N/A
65 N/A
4.73% N/A
65.34 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 1714
Median household income ($/weekly) 1057
Median age of persons 37
Median housing loan repayment ($/monthly) 1517
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 243 14.2
    25-34 years 194 11.3
    35-44 years 259 15.1
    45-54 years 246 14.4
    55-64 years 192 11.2
    Others 580 33.8
    Age Group
    Census Count Percent(%)
    Registered Married 563 45.0
    Not Married 545 43.5
    Defacto Relationship 144 11.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1560 95.0
    Greece 9 0.5
    Papua New Guinea 19 1.2
    United Kingdom 32 1.9
    Other 7 0.4
    Others 15 0.9
    Country of Birth
    Census Count Percent(%)
    Christianity 1126 72.8
    No Religion 401 25.9
    Other Religious Groups 11 0.7
    Buddhism 9 0.6
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 74 13.1
    $600-$799 74 13.1
    $1,000-$1,249 56 9.9
    $1,500-$1,999 79 13.9
    $2,000-$2,499 54 9.5
    Others 230 40.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 490 38.6
    Employed, worked full-time 453 35.6
    Employed, worked part-time 222 17.5
    Employed, away from work 60 4.7
    Unemployed, looking for work 46 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 89 12.1
    Technicians & trades workers 148 20.1
    Clerical & administrative workers 90 12.2
    Machinery operators & drivers 81 11.0
    Labourers 113 15.4
    Others 214 29.1
    Occupation
    Census Count Percent(%)
    Pre-school 48 11.5
    Infants/Primary 159 38.2
    Secondary 124 29.8
    Technical or Further Educational Institution 39 9.4
    University or other Tertiary Institutions 37 8.9
    Others 9 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1606 97.3
    Flat, unit or apartment 17 1.0
    Semi-detached, row or terrace house, townhouse 14 0.8
    House or flat attached to a shop, office 13 0.8
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 285 47.1
    Fully owned 206 34.0
    Rented 114 18.8
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals