Suburb Profile Report for Wallsend NSW (2287)

Wallsend House: Median price $505,000, Annual capital growth 5.84%, Number of sales 197, Weekly median advertised rent $400

Wallsend Unit: Median price $400,000, Annual capital growth 3.99%, Number of sales 57, Weekly median advertised rent $380

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs
  • House Report
  • Unit Report

Wallsend is in the TOP 30% in NSW when comparing median price capital growth over the last year. Wallsend gave property investors a good capital gain figure when compared to the rest of the state, with 10.14%.

Over the longer term, Wallsend has seen property prices show investors a 29.07% return over the last 3 years. This is worse than over the last 12 months

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.93% offered to property buyers. Sellers in Wallsend itself are offering an average vendor discount of -6.00% to real estate investors.

Situated 109.47km from the CBD, Wallsend is one of Newcastle localities in the postcode 2287.

Wallsend, 2287 ranked 453th in NSW when comparing growth in median property values or capital gain over the last 12 months. Wallsend is one of 3163 in our list for NSW

If we look at median property appreciation over just the last three months, Wallsend has given property investors a paper return of -1.23%. This puts Suburb as 334 on a list of fastest fasting appreciating suburbs in NSW

At number 304th of NSW’s most discounted properties, Wallsend is in the TOP 40% of the state/territory when listing in order of most discounted to least.

With the median price for a house in Wallsend being $400000 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 4.94%

Metrics i HOUSE UNIT
$505,000 $400,000
1.00% -1.23%
10.14% -5.33%
5.84% 3.99%
$400 $380
197 57
4.12% 4.94%
33.62 56.2

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 12308
Median household income ($/weekly) 979
Median age of persons 40
Median housing loan repayment ($/monthly) 1665
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1410 11.5
    25-34 years 1595 13.0
    35-44 years 1524 12.4
    45-54 years 1562 12.7
    55-64 years 1462 11.9
    Others 4754 38.6
    Age Group
    Census Count Percent(%)
    Not Married 4200 46.1
    Registered Married 4104 45.0
    Defacto Relationship 811 8.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 10250 87.8
    Indonesia 83 0.7
    Papua New Guinea 94 0.8
    United Kingdom 273 2.3
    Other 235 2.0
    Others 735 6.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 103 0.9
    Christianity 8471 75.4
    Hinduism 85 0.8
    Islam 186 1.7
    No Religion 2333 20.8
    Others 60 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 529 12.2
    $400-$599 552 12.7
    $600-$799 464 10.7
    $1,000-$1,249 403 9.3
    $1,500-$1,999 547 12.6
    Others 1841 42.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 4168 43.0
    Employed, worked full-time 3183 32.9
    Employed, worked part-time 1679 17.3
    Employed, away from work 337 3.5
    Unemployed, looking for work 318 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 953 18.3
    Technicians & trades workers 831 16.0
    Clerical & administrative workers 769 14.8
    Sales 552 10.6
    Labourers 611 11.8
    Others 1481 28.5
    Occupation
    Census Count Percent(%)
    Pre-school 179 6.8
    Infants/Primary 861 32.6
    Secondary 708 26.8
    Technical or Further Educational Institution 281 10.6
    University or other Tertiary Institutions 535 20.3
    Others 77 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9806 86.4
    Semi-detached, row or terrace house, townhouse 974 8.6
    Flat, unit or apartment 569 5.0
    House or flat attached to a shop, office 5 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1603 34.3
    Being purchased 1550 33.2
    Rented 1443 30.9
    Other tenure type 77 1.6
    Tenure Type
Census 2011, ABS
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