Walcha

POSTAL CODE: NSW, 2354

HOUSE

Property investors enjoyed capital gains of 21.75% over the last 12 months in WALCHA, translating to higher returns compared with its peers in NSW.

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 9.99% growth over a ten-year period. It ranks 3rd on our list of suburbs that property investors should look into.

WALCHA, 2354 has a capital gain of 21.75% for the past year, which is higher than average compared to its 70.88% growth within a five-year period.

With the median home price in WALCHA sitting at $487,000, and the average rent at N/A, property owners could potentially earn a N/A increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in WALCHA are low, as opposed to average gains per annum over the past five years.

WALCHA, 2354 in NSW belongs to the local government area of Walcha.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$487,000	N/A
Growth Report
Median Quarterly	9.44%	N/A
Median 12 month	21.75%	N/A
Median 3 years	32.52%	N/A
Median 5 years	70.88%	N/A
10 years average annual	9.99%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	121.8 days	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 3576

Weekly Household Income 1049

Household Size 2.30

Average Age 47

Monthly Loan Repayment 1083

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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