Wallsend has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 18.37% to date .
Wallsend,2287 has offered an average of 18.37% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Wallsend 2287 should be seeing an average reduction in asking price of around -3.51% . This means that Wallsend is holding prices well when compared to other suburbs in NSW.
Wallsend is 322th on a list of best yielding suburbs for rents in NSW with a 3.94% return
At number 271th in the list of Australian suburbs ordered by increase in median house value over the last year, Wallsend, 2287 is in the top 20% with a property value increase of 17.22% recorded in median house prices.
Across a shorter period, Wallsend, 2287 has seen a median price increase of 3.16% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Wallsend, 2287. Typically our figures indicate that -4.02% is being offered, which puts this NSW suburb at 534th most discounted overall in Australia.
At number 598 in a list of fastest selling suburbs, Wallsend is in the TOP 40% of suburbs in Australia with an average of days on market 57.5 for properties listed there.
Wallsend, 2287’s gross rental yield is 4.46%