Wallsend is an average performer 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 -1.00%.
The five-year average increase in median property values for Wallsend,2287 has given property investors a potential capital gain of 34.97% across each of those five years.
Wallsend, 2287 is offering NSW ‘s 607th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this NSW.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 5.55%, investors should hope to achieve an overall return of 4.20%
Wallsend is in the TOP 20% in NSW when comparing median price capital growth over the last year. Wallsend gave property investors a very good capital gain figure when compared to the rest of the state, with 6.48%.
Wallsend,2287 has offered an average of 6.48% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -4.31% to buyers in Wallsend at the moment, which is less than average for the rest of NSW.
Residents and property investors in Wallsend have been waiting around 67.9259 days to sell a property.
The NSW suburb of Wallsend, 2287 is in the Newcastle (C) local government area.