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