Wallsend (2287) sits within the Newcastle LGA. Whether you are buying as an investor or comparing ownership to renting, the rental market data below gives you a current-state picture of what tenants are paying and what gross yield looks like relative to recent sale prices. Yield figures use the median dwelling price for the postcode as the denominator.
Can I afford Wallsend?
Rental market in Wallsend
Median weekly rent from lodged bonds. Sep 2025. Bond count suppressed by DCJ (30 or fewer lodgements this quarter).
Rents here sit around the Sydney middle. A balance of rental stock and owner-occupier demand.
Median weekly rent · Unit · 2 bed
Small sample
$550per week
Sep 2025 · bond count suppressed
Quarterly trend · last 12 quarters
Nearby suburbs · same combination
Adamstown2289
$565▲$15
7.4 km away
Mayfield2304
$525▼$25
8.1 km away
Warners Bay2282
$640▲$90
9.5 km away
Hamilton2303
$470▼$80
9.7 km away
NSW DCJ Rental Bond Board↗ · Sep 2025 · CC BY. Cells with 10 or fewer bond lodgements are suppressed; cells with 30 or fewer have the bond count suppressed but rent published. Figures are transacted rents, not asking rents.
A low vacancy rate in Wallsend indicates strong tenant demand relative to supply, typically a positive signal for landlords and a sign that the suburb has sustained rental appeal. Vacancy rates below 2% in Sydney are generally considered a landlord's market; above 3% signals softer conditions. Compare the Wallsend rate to the wider Newcastle LGA to understand whether it is suburb-specific or part of a broader area trend.
