NSW has seen average median house prices change by 1.39% which means that Wallsend, 2287 has done well for property investors by showing a capital gain of 5.36% over the last year
Comparing Wallsend,2287 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in Wallsend is giving property investors an average Vendor Discount of around -4.47%. This puts suburb at number 1041th in NSW when ranking the most discounted suburbs.
Wallsend is 454th on a list of best yielding suburbs for rents in NSW with a 4.16% return
Wallsend has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of -1.90% to date .
A 26.77% growth in median value for property investors in Wallsend,2287 puts this suburb at number 87th in terms of best performing suburbs in NSW
Wallsend2287 is located in NSW which offers an average discount of -6.06% to property investors. Wallsend itself is showing figures that indicate -6.99% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Wallsend the average time real estate has been on the market is 46.66 days.
A $380 per week rent on the median house gives suburb investors a gross yield of circa 4.80%, without taking into account capital value appreciation, which has been averaging out at 4.28%.