Suburb Profile Report for Wallsend NSW (2287)

Wallsend House: Median price $485,000, Annual capital growth 5.53%, Number of sales 229, Weekly median advertised rent $400

Wallsend Unit: Median price $422,500, Annual capital growth 4.48%, Number of sales 63, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Wallsend, 2287 have given investors a capital gain of 14.52%. This compares favourably with the 10.25% for NSW as a whole.

Wallsend,2287 was ranked 1373 in Australia by increase in median property value over the quarter.

Wallsend2287 is located in NSW which offers an average discount of -5.40% to property investors. Wallsend itself is showing figures that indicate -5.34% is the average achievable by property buyers investing in the suburb.

Wallsend is 302th on a list of best yielding suburbs for rents in NSW with a 4.29% return

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 13.42%.

Wallsend,2287 has offered an average of 13.42% 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 -3.36% off the asking price, which is the average vendor discount being achieved at the moment.

Advertised rents are around the $380 mark per week – giving a return of 4.68% based on the median price in Suburb

Metrics i HOUSE UNIT
$485,000 $422,500
2.11% 0.60%
14.52% 13.42%
5.53% 4.48%
$400 $380
229 63
4.29% 4.68%
33.12 65.27

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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