Suburb Profile Report for Wallsend NSW (2287)

Wallsend House: Median price $500,000, Annual capital growth 5.11%, Number of sales 226, Weekly median advertised rent $430

Wallsend Unit: Median price $429,000, Annual capital growth 4.66%, Number of sales 53, Weekly median advertised rent $390

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: Monthly data update for Feb 2021 as supplied by CoreLogic. Data is reported to the period ending Nov 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

At number 2940th in the list of Australian suburbs ordered by increase in median house value over the last year, Wallsend, 2287 is in the BOTTOM 30% with a property value increase of 2.25% recorded in median house prices.

A 24.22% growth in median value for property investors in Wallsend,2287 puts this suburb at number 705th in terms of best performing suburbs in NSW

Property buyers and investors in Wallsend 2287 should be seeing an average reduction in asking price of around -3.78% . This means that Wallsend is holding prices well when compared to other suburbs in NSW.

On average over the past year, suburb has had 18.83 sales per month, which equates to 226 per year.

Wallsend is 220th on a list of best yielding suburbs for rents in NSW with a 4.47% return

Over the last year, property investments in Wallsend, 2287 have given investors a capital gain of 4.00%. This compares averagely with the 4.76% for NSW as a whole.

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 -4.05% to property investors. Wallsend itself is showing figures that indicate -3.59% is the average achievable by property buyers investing in the suburb.

Renters in Suburb are facing rents around $20280 per annum or $390 every week.

Metrics i HOUSE UNIT
$500,000 $429,000
2.04% 2.14%
2.25% 4.00%
5.11% 4.66%
$430 $390
226 53
4.47% 4.73%
40.683908045977 85.3076923076923

Source: Monthly data update for Feb 2021 as supplied by CoreLogic. Data is reported to the period ending Nov 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Very good (H), Very good (U)
Find a mortgage broker in Wallsend NSW
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
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1603 34.3
    Being purchased 1550 33.2
    Rented 1443 30.9
    Other tenure type 77 1.6
    Tenure Type
Census 2011, ABS
Chart Table