Is WALLENDBEEN a good suburb for positive geared property investment in Australia?

WALLENDBEEN in NSW currently features property rental yields up to 4.7% with a 12-month capital growth value of Down -12.7%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in WALLENDBEEN 2588?

The median house price in WALLENDBEEN 2588 is approximately $362,500 based on the latest scraped market indices.

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Investment Spotlight • Australia

WALLENDBEEN 2588

State: NSW

Updated: 9 April 2026

PosiProp AI Investment Summary

WALLENDBEEN (NSW 2588) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.7% and has experienced a 12-month capital growth of Down -12.7%, with a median house buy price of $362,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

–

Not available 4.7% Yield

3 house • buy

$360,000

Not available 4.6% Yield

4 house • buy

$375,000

Down -9.6% 4.5% Yield

all house • buy

$362,500

Down -12.7% 4.7% Yield

Suburb Market Profile

Last month Wallendbeen had 1 property available for rent and 5 properties for sale. Median sold prices over the last year is $362,500 for houses. If you are looking for an investment property, consider houses in Wallendbeen rent out for $548 PW with an annual rental yield of 4.7%. Wallendbeen has seen an annual compound growth rate of -12.7% for houses.