With a capital gain of -4.12% for the last 12 months, Wallsend, 2287 has performed for property investments than its average annual 5.12% property growth over the last 5 years.
Comparing Wallsend,2287 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Wallsend is $489000, with sellers offering an average of -7.23% off the asking price.
The NSW suburb of Wallsend, 2287 is in the Newcastle (C) local government area.
Wallsend is an average performer 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 -1.43%.
Wallsend,2287 has offered an average of -1.43% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Wallsend should be aiming for at least -6.58% off the asking price, which is the average vendor discount being achieved at the moment.
Wallsend is 114th on a list of best yielding suburbs for rents in NSW with a 4.76% return