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 10.14%.
Over the longer term, Wallsend has seen property prices show investors a 29.07% return over the last 3 years. This is worse than over the last 12 months
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.93% offered to property buyers. Sellers in Wallsend itself are offering an average vendor discount of -6.00% to real estate investors.
Situated 109.47km from the CBD, Wallsend is one of Newcastle localities in the postcode 2287.
Wallsend, 2287 ranked 453th in NSW when comparing growth in median property values or capital gain over the last 12 months. Wallsend is one of 3163 in our list for NSW
If we look at median property appreciation over just the last three months, Wallsend has given property investors a paper return of -1.23%. This puts Suburb as 334 on a list of fastest fasting appreciating suburbs in NSW
At number 304th of NSW’s most discounted properties, Wallsend is in the TOP 40% of the state/territory when listing in order of most discounted to least.
With the median price for a house in Wallsend being $400000 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 4.94%