NSW has seen average median house prices change by 11.67% which means that Wallsend, 2287 has done well for property investors by showing a capital gain of 12.91% over the last year
Wallsend,2287 has offered an average of 12.91% return per annum in house price rises to property investors over the last three years.
Wallsend, 2287 is offering NSW ‘s 808th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this NSW.
On average over the past year, suburb has had 21.08 sales per month, which equates to 253 per year.
A $390 per week rent on the median house gives suburb investors a gross yield of circa 4.30%, without taking into account capital value appreciation, which has been averaging out at 5.31%.
Giving property investors a a stable capital gain of 9.59% for the last year, Wallsend, 2287 is the 527th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Wallsend,2287 has racked up an average of 9.59% over the period. This ranks it number 904th in the whole country for real estate investors looking at median house price increases.
Situated 79.01km from the CBD, Wallsend is one of Newcastle localities in the postcode 2287.