Wallsend, NSW 2287

Wallsend has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.4% gives a usable rent-to-price starting point. Capital growth of +10.2% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

The median property price in Wallsend, NSW 2287 is $890K for houses and $690K for units.

The gross rental yield in Wallsend is 3.9% for houses and 4.4% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

House prices in Wallsend are up 10.2% over the past year and up 21.4% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

The current vacancy rate in Wallsend is 1.2%. 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.

Wallsend has a population of approximately 13,244 residents, with a median age of 39.

There are 36 schools within roughly 5km of Wallsend. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

A median house in Wallsend costs about 12.2 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.

The population of Wallsend has grown about 7% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.