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Wallacia
AREA REPORTS

Wallacia

Wallacia - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2745

house

Property investments in WALLACIA did not fare well against the rest of the country last year, registering a median home price decrease of -3.94%.

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

Based on its average 5-year and quarterly capital gains WALLACIA, 2745 saw average growth in the long term.

Real estate investors could earn a rental income of $480 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 0.0 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $780,000.

WALLACIA ranks 650th on the list of best yielding suburbs for rental properties in NSW, posting a 3.2% return.

Data report can be found below

Wallacia
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $780,000 N/A
GROWTH REPORT
Median Quarterly 0% N/A
Median 12 month -3.94% N/A
Median 3 years -32.17% N/A
Median 5 years -16.13% N/A
10 years average annual 12.53% N/A
Weekly media advert. rent $480 N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent 3.2% N/A
demographics (median values)*
Total Population
29504
Weekly Household Income
2174
Household Size
3.20
Age
33
Monthly Loan Repayment
2167
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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