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Wallarah, NSW 2259
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,900,000
market range $1.3M-$1.9M
Median Unit
$580,000
Gross Yield (houses)
2.0%
1yr Growth (units)
+10.6%
estimate
Investment snapshot for Wallarah
Wallarah has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Wallarah market and investor summary
Wallarah (NSW 2259) runs a median house price of $1.9M, with houses yielding a gross 2.0%. At 1.1% vacancy, it is a tight rental market that favours landlords.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.0% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.1% and a resident base that is not shrinking.
Living in Wallarah: people, income and schools
About 344 people live in Wallarah, and the area has been growing steadily, up about 11% over five years. The median age is 42, skewed a little older, and 74% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $98,000 a year, or roughly $1,890 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to a steep 19.4 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 32% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
There are 12 schools within about 5km, testing a little above the national school average on ICSEA. It is roughly 76 km from the CBD. Fixed broadband is delivered over the NBN's Fibre to the Curb.
- Population
- 344
- +11% over 5yr
- Median age
- 42 years
- Median household income
- $98,000/yr
- Households renting
- 22%
- Family households
- 84%
- Socio-economic rank
- 4/10
- ABS advantage index
- Schools within 5km
- 12
- avg ICSEA 1037
- Unemployment
- 4.4%
- Distance to CBD
- 76 km
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Wallarah
View all →Frequently asked questions about Wallarah
What should I check before investing in Wallarah?
Wallarah has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.0%, giving a stronger rent-to-price starting point than many suburbs. Tight rental market (1.1% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Wallarah?
The median property price in Wallarah, NSW 2259 is $1.9M for houses and $580K for units.
What rental yield does Wallarah show?
The gross rental yield in Wallarah is 2.0% for houses and 5.0% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Wallarah?
The current vacancy rate in Wallarah is 1.1%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Wallarah?
Wallarah has a population of approximately 344 residents, with a median age of 42.
What schools are near Wallarah?
There are 12 schools within roughly 5km of Wallarah. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Wallarah affordable to buy in?
A median house in Wallarah costs about 19.4 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Wallarah's population growing?
The population of Wallarah has grown about 11% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Wallarah from the CBD?
Wallarah is about 76 km from the CBD.
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