At number 2940th in the list of Australian suburbs ordered by increase in median house value over the last year, Wallsend, 2287 is in the BOTTOM 30% with a property value increase of 2.25% recorded in median house prices.
A 24.22% growth in median value for property investors in Wallsend,2287 puts this suburb at number 705th in terms of best performing suburbs in NSW
Property buyers and investors in Wallsend 2287 should be seeing an average reduction in asking price of around -3.78% . This means that Wallsend is holding prices well when compared to other suburbs in NSW.
On average over the past year, suburb has had 18.83 sales per month, which equates to 226 per year.
Wallsend is 220th on a list of best yielding suburbs for rents in NSW with a 4.47% return
Over the last year, property investments in Wallsend, 2287 have given investors a capital gain of 4.00%. This compares averagely with the 4.76% for NSW as a whole.
Comparing Wallsend,2287 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Wallsend2287 is located in NSW which offers an average discount of -4.05% to property investors. Wallsend itself is showing figures that indicate -3.59% is the average achievable by property buyers investing in the suburb.
Renters in Suburb are facing rents around $20280 per annum or $390 every week.