Suburb Profile Report for Wallsend NSW (2287)

Wallsend House: Median price $650,000, Annual capital growth 8.70%, Number of sales 233, Weekly median advertised rent $595

Wallsend Unit: Median price $510,000, Annual capital growth -1.10%, Number of sales 75, Weekly median advertised rent $0

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

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House Report
Unit Report

Wallsend is an average performer in NSW when comparing median price capital growth over the last year. Wallsend gave property investors a average capital gain figure when compared to the rest of the state, with 7.01%.

When looking at the potential capital gains offered to property investors over the last 3 years, Wallsend comes in at number 736th in NSW.

Vendor discounting in Wallsend is giving property investors an average Vendor Discount of around -3.14%. This puts suburb at number 606th in NSW when ranking the most discounted suburbs.

Situated 115.48km from the CBD, Wallsend is one of Newcastle (C) localities in the postcode 2287.

Wallsend has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 3.14% to date .

Wallsend,2287 has offered an average of 3.14% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Wallsend is giving property investors an average Vendor Discount of around 0.00%. This puts suburb at number 342th in NSW when ranking the most discounted suburbs.

Metrics	HOUSE	UNIT
Median price	$650,000	$510,000
Quarterly growth	-2.39%	-2.38%
12-month growth	7.01%	3.14%
Average Annual Growth	8.70%	-1.10%
Weekly median advertised rent	$595	$0
Number of sales	233	75
Gross rental yield	3.53%	0.00%
Days on market	59.0333333333333	0

DSR Score for property investment : Good (U), Very good (H)

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Demographics

Total population	12308
Median household income ($/weekly)	979
Median age of persons	40
Median housing loan repayment ($/monthly)	1665
Average household size	2.4

Census	Count	Percent(%)
5-14 years	1410	11.5
25-34 years	1595	13.0
35-44 years	1524	12.4
45-54 years	1562	12.7
55-64 years	1462	11.9
Others	4754	38.6

Age Group

Census	Count	Percent(%)
Not Married	4200	46.1
Registered Married	4104	45.0
Defacto Relationship	811	8.9

Social Marital Status

Census	Count	Percent(%)
Australia	10250	87.8
Indonesia	83	0.7
Papua New Guinea	94	0.8
United Kingdom	273	2.3
Other	235	2.0
Others	735	6.3

Country of Birth

Census	Count	Percent(%)
Buddhism	103	0.9
Christianity	8471	75.4
Hinduism	85	0.8
Islam	186	1.7
No Religion	2333	20.8
Others	60	0.5

Religious Affiliation

Census	Count	Percent(%)
$300-$399	529	12.2
$400-$599	552	12.7
$600-$799	464	10.7
$1,000-$1,249	403	9.3
$1,500-$1,999	547	12.6
Others	1841	42.5

Gross Household Income (Weekly)

Census	Count	Percent(%)
Not in the labour force	4168	43.0
Employed, worked full-time	3183	32.9
Employed, worked part-time	1679	17.3
Employed, away from work	337	3.5
Unemployed, looking for work	318	3.3

Person Characteristics

Census	Count	Percent(%)
Professionals	953	18.3
Technicians & trades workers	831	16.0
Clerical & administrative workers	769	14.8
Sales	552	10.6
Labourers	611	11.8
Others	1481	28.5

Occupation

Census	Count	Percent(%)
Pre-school	179	6.8
Infants/Primary	861	32.6
Secondary	708	26.8
Technical or Further Educational Institution	281	10.6
University or other Tertiary Institutions	535	20.3
Others	77	2.9

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	9806	86.4
Semi-detached, row or terrace house, townhouse	974	8.6
Flat, unit or apartment	569	5.0
House or flat attached to a shop, office	5	0.0
Caravan, cabin, houseboat	0	0.0
Others	0	0.0