Wallacia

POSTAL CODE: NSW, 2745

HOUSE

Property investments in WALLACIA fare well against the rest of the country last year, registering a median home price increase of 32.65%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, 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 $780 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 49.7 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 $1,300,000.

WALLACIA ranks 627th on the list of best yielding suburbs for rental properties in NSW, posting a 3.12% return.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,300,000	N/A
Growth Report
Median Quarterly	3.59%	N/A
Median 12 month	32.65%	N/A
Median 3 years	41.3%	N/A
Median 5 years	60.1%	N/A
10 years average annual	13.34%	N/A
Weekly media advert. rent	$780	N/A
Time on Market	49.7 days	N/A
Gross Rental Yield Percent	3.12%	N/A

Demographics (Median Values)*

Total Population 29504

Weekly Household Income 2174

Household Size 3.20

Average 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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