AREA REPORTS

Wallaga Lake

Suburb Profile

Wallaga Lake - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2546

house

WALLAGA LAKE, 2546 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Investors saw the median home price rise to $410,000.

Profits due to an downward trend in home prices in the suburb averaged -2.98% per annum over a 3-year period.

WALLAGA LAKE now ranks at the 734th place on a list of fastest growing suburbs in the territory.

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

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In WALLAGA LAKE, homes and units usually stay on listing for an average of 104.9 days.

In 2016, 14 properties were sold in WALLAGA LAKE during the past year, making it the 1162nd most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $410,000 N/A
GROWTH REPORT
Median Quarterly -0.61% N/A
Median 12 month -6.29% N/A
Median 3 years -8.94% N/A
Median 5 years 10.07% N/A
10 years average annual 4.62% N/A
Weekly media advert. rent N/A N/A
Time on Market 104.9 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)
Total Population
495
Weekly Household Income
528.7
Household Size
2.20
demographics
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