Wallerawang, NSW
OVERVALUED1,768 sales · 36 years of data · NSW, Australia
Wallerawang, NSW Property Market Overview
Wallerawang, NSW, postcode 2845, is a suburb with a rich property history, boasting 36 years of recorded sales data. Located within New South Wales, Wallerawang has seen a total of 1,768 property sales over this period. The current median property price for all types is $540,000, with houses sitting at a median of $550,000 and apartments commanding a higher median of $980,000.
Wallerawang offers a mix of residential opportunities, from established homes to newer developments. Its historical property data provides valuable insights into its market performance. The suburb's blend of housing types and its location contribute to its appeal for a diverse range of residents. Wallerawang's property market presents an interesting case study when analysing long-term growth trends and current market conditions.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Wallerawang
Top streets in Wallerawang, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Commens St | $475,000 |
| 2 | Pipers Flat Rd | $400,000 |
| 3 | Lane St | $482,000 |
| 4 | James Pde | $612,500 |
... and 75 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Lane St | $737/m² |
| 2 | Henning Cres | $1,096/m² |
| 3 | Sidey Pl | $854/m² |
| 4 | Lyon Pde | $858/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | James Pde | +7.7% |
| 2 | Cary Ave | +8.8% |
| 3 | Henning Cres | +7.5% |
| 4 | Lidsdale St | +5.3% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Wallerawang analysis
79 streets and 15 buildings to explore
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Wallerawang at a Glance
Wallerawang, NSW
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Local Amenities
Living in Wallerawang, NSW
Living in Wallerawang offers a unique blend of rural charm and convenient amenities. Wallerawang Public School serves the local primary school population. While Wallerawang itself doesn't have a train station, nearby stations like Lithgow provide access to the wider rail network. Residents can find essential shopping at local stores, and larger shopping centres are accessible in neighbouring towns.
Wallerawang is also close to natural attractions like Lake Wallace, providing opportunities for outdoor recreation. The suburb has a close-knit community feel, with local events and activities fostering a sense of belonging. The slower pace of life in Wallerawang appeals to those seeking a quieter lifestyle away from the hustle and bustle of the city. The suburb's character is defined by its friendly atmosphere and connection to the surrounding environment.
Who Buys in Wallerawang?
Wallerawang attracts a diverse range of buyers. The relatively affordable median house price of $550,000 appeals to families and first-home buyers seeking value. With apartments having a higher median of $980,000, these properties may attract downsizers or those seeking a low-maintenance lifestyle, although they represent a small percentage of the market at 3.5% strata ownership. The 10-year CAGR of 9.3% may also attract investors seeking long-term growth. The suburb's mix of housing types and price points caters to different needs and preferences.
Market Analysis
Currently, Wallerawang's property market is positioned above its long-term trend, indicating it's in overvalued territory. This means that property prices in Wallerawang are currently elevated compared to their historical average. This assessment is based on a comprehensive analysis of past sales data and market indicators.
Understanding Wallerawang's position in the property cycle is crucial for anyone considering buying or selling in the area. While the market is currently overvalued, it's important to consider individual circumstances and long-term financial goals. Monitoring market trends and seeking professional advice is always recommended.
Is Wallerawang a Good Investment?
Wallerawang has demonstrated consistent growth over the long term, with a 10-year CAGR of 9.3% and a full-period CAGR of 5.4%. This indicates that property values in Wallerawang have generally increased steadily over time. The suburb's location and mix of housing types contribute to its appeal.
However, it's important to note that the current market position in Wallerawang is above its long-term trend, placing it in overvalued territory. This suggests that prices are currently elevated compared to historical averages. The property market in Wallerawang presents a complex picture, with both positive growth indicators and current market conditions to consider. Understanding these factors is crucial for anyone considering the Wallerawang property market.
Wallerawang Market Outlook
As of early 2026, the property market in Wallerawang is above its long-term trend, indicating it is in overvalued territory. Recent price trends have reflected this elevated position. While long-term growth has been strong, current market conditions suggest a need for caution. Monitoring market indicators and seeking professional advice is recommended for anyone considering buying or selling in Wallerawang as of early 2026. The market's current position reflects a complex interplay of historical growth and current economic factors.
Streets & Location in Wallerawang, NSW
Wallerawang, postcode 2845, features a diverse range of streets, with a total of 79 streets contributing to its residential landscape. Among these, James Parade, Lane Street, and Lyon Parade stand out as streets with higher median property prices. The location of Wallerawang within NSW contributes to its overall appeal. The suburb offers a blend of residential living and accessibility to surrounding areas. Its street network and location characteristics contribute to the suburb's unique character.
Market Dynamics
The property market in Wallerawang demonstrates consistent transaction activity. Properties in Wallerawang typically take an average of 48 days to settle. The quick-flip percentage for properties in Wallerawang is not available. These market dynamics provide insights into the speed and nature of property transactions within the suburb. Understanding these patterns is important for both buyers and sellers in the Wallerawang market.
Development & Density
Wallerawang has a moderate development density, characterised by a mix of housing types. There are 15 apartment buildings in Wallerawang, representing approximately 3.5% of the total properties as strata-titled units. The remaining properties are primarily houses, contributing to the suburb's established residential character. The development density in Wallerawang reflects a balance between traditional housing and modern apartment living. This mix caters to a variety of lifestyle preferences within the community.
Growth & Property Mix
Wallerawang has shown solid growth over the long term. The suburb has achieved a 10-year Compound Annual Growth Rate (CAGR) of 9.3%, demonstrating significant appreciation in recent years. Over a longer 20-year period, the CAGR stands at 5.5%. Looking at the full 36-year period of available data, Wallerawang has experienced a CAGR of 5.4%. The property mix in Wallerawang includes both houses and apartments, with apartments representing a small percentage of the total property stock.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.