Wallsend, once a quiet suburb on Newcastle’s western fringe, is now capturing the attention of investors, first-home buyers, and families alike. This previously underrated pocket is undergoing a transformation—backed by hard stats sourced by Realestate.com.au that shows growing interest across both sales and rentals.
House Prices on the Rise
The property market in Wallsend has experienced notable capital growth:
- Current median house price: $795,000
- 12-month growth: +6.7%
- 5-year increase: +$200,000
These figures highlight Wallsend as a suburb with long-term potential, making it increasingly attractive for both buyers and sellers.
Fast-Moving Sales Market
The suburb is showing strong demand, with homes selling quickly and buyer interest soaring:
- Houses sold in the past 12 months: 167
- Median days on market: 26 days
- Buyers actively interested in Wallsend: 2,502
Homes are not sitting on the market for long, indicating a competitive and fast-paced sales environment.
A High-Demand Rental Market
Wallsend also performs strongly for property investors, with reliable rental returns and short vacancy times:
- Median weekly rent: $610 (up 7.0% in the past year)
- Rental yield: 4.3%
- Properties leased in the past 12 months: 249
- Median days on market for rentals: 15 days
- Interested renters: 1,147
- Whether you're looking to build a portfolio or secure your first investment, Wallsend offers a balanced blend of yield and capital growth.
Location and Liveability
Wallsend’s rise isn't just about numbers—its liveability is also contributing to its popularity:
- Proximity to Newcastle CBD: Easy access for professionals
- Excellent transport links: Including major roads and public transit
- Close to major amenities: Schools, parks, shopping centres, and healthcare
- Appealing to families and professionals: Offering affordability without sacrificing lifestyle
With a blend of strong infrastructure, future growth prospects, and increasing desirability, Wallsend is becoming a go-to suburb for those priced out of inner-city suburbs.
Is Now the Time to Act?
Whether you're considering selling your current home, purchasing a family residence, or investing in a high-growth suburb, Wallsend is one to watch. With strong buyer and renter demand, rapid turnover, and consistent price growth, the data suggests Wallsend is more than just a trending location—it's a smart property move.
Ready to Make Your Move?
If you've been thinking about selling, don't wait until the market is flooded with listings. Take advantage of the current demand and maximise your property's value.
Contact Century 21 Novocastrian today for a free, no-obligation appraisal and let's set your property up for success!
ADDRESS | 155 Pacific Highway, Charlestown NSW 2290
PHONE | 02 4943 6333
EMAIL | hello@c21newcastle.com.au