Property investors who have had real estate in Wallsend, 2287 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -4.90%
Across a shorter period, Wallsend, 2287 has seen a median price increase of -0.92% over the last quarter.
Property buyers and investors in Wallsend 2287 should be seeing an average reduction in asking price of around -7.51% . This means that Wallsend is holding prices well when compared to other suburbs in NSW.
Wallsend is 304th on a list of best yielding suburbs for rents in NSW with a 4.40% return
Property value increases in Wallsend have tracked close to the NSW average of -2.98% over the last 12 months.
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 -6.37% to property investors. Wallsend itself is showing figures that indicate -8.17% is the average achievable by property buyers investing in the suburb.
The NSW suburb of Wallsend, 2287 is in the Newcastle (C) local government area.