Suburb Profile Report for Wakeley NSW (2176)

Wakeley House: Median price $705,000, Annual capital growth 7.00%, Number of sales 33, Weekly median advertised rent $480

Wakeley Unit: Median price $580,000, Annual capital growth 8.65%, Number of sales 10, Weekly median advertised rent N/A

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

At number 3238th in the list of Australian suburbs ordered by increase in median house value over the last year, Wakeley, 2176 is in the BOTTOM 30% with a property value increase of -3.03% recorded in median house prices.

Wakeley,2176 has offered an average of -3.03% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Wakeley is giving property investors an average Vendor Discount of around -4.97%. This puts suburb at number 648th in NSW when ranking the most discounted suburbs.

Advertised rents are around the $480 mark per week – giving a return of 3.54% based on the median price in Suburb

With a capital gain of 14.85% for the last 12 months, Wakeley, 2176 has performed for property investments than its average annual 8.65% property growth over the last 5 years.

The five-year average increase in median property values for Wakeley,2176 has given property investors a potential capital gain of 65.36% across each of those five years.

Property investors looking for a bargain in Wakeley should be aiming for at least -3.47% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 10 properties changed hands in Wakeley, which puts it as the 574th most active market in NSW when comparing the number of sales per suburb.

HOUSE UNIT
$705,000 $580,000
-0.56% N/A
-3.03% 14.85%
7.00% 8.65%
$480 N/A
33 10
3.54% N/A
76.57 31.36

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 4670
Median household income ($/weekly) 1236
Median age of persons 36
Median housing loan repayment ($/monthly) 1990
Average household size 3.4
  • Census Count Percent(%)
    5-14 years 601 12.9
    25-34 years 644 13.8
    35-44 years 612 13.1
    45-54 years 714 15.3
    55-64 years 600 12.8
    Others 1499 32.1
    Age Group
    Census Count Percent(%)
    Registered Married 2005 54.6
    Not Married 1569 42.8
    Defacto Relationship 95 2.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1894 41.9
    Canada 144 3.2
    Ireland 606 13.4
    Viet Nam 594 13.1
    Other 478 10.6
    Others 805 17.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 869 19.3
    Christianity 3149 69.9
    Islam 93 2.1
    Other Religious Groups 39 0.9
    No Religion 328 7.3
    Others 26 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 131 10.8
    $600-$799 118 9.7
    $1,000-$1,249 142 11.7
    $1,500-$1,999 162 13.4
    $2,000-$2,499 117 9.7
    Others 542 44.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1511 41.4
    Employed, worked full-time 1323 36.2
    Employed, worked part-time 526 14.4
    Unemployed, looking for work 165 4.5
    Employed, away from work 129 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 269 13.6
    Technicians & trades workers 323 16.3
    Clerical & administrative workers 325 16.4
    Machinery operators & drivers 240 12.1
    Labourers 238 12.0
    Others 581 29.4
    Occupation
    Census Count Percent(%)
    Pre-school 77 6.8
    Infants/Primary 354 31.1
    Secondary 358 31.4
    Technical or Further Educational Institution 104 9.1
    University or other Tertiary Institutions 212 18.6
    Others 35 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3947 85.9
    Semi-detached, row or terrace house, townhouse 617 13.4
    Flat, unit or apartment 26 0.6
    Caravan, cabin, houseboat 3 0.1
    House or flat attached to a shop, office 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 554 41.9
    Being purchased 532 40.3
    Rented 229 17.3
    Other tenure type 6 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals