Suburb Profile Report for Wiley Park NSW (2195)

Wiley Park House: Median price $902,500, Annual capital growth 9.30%, Number of sales 39, Weekly median advertised rent $500

Wiley Park Unit: Median price $415,000, Annual capital growth 8.68%, Number of sales 114, Weekly median advertised rent $380

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Wiley Park, 2195 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 6.80%

The five-year average increase in median property values for Wiley Park,2195 has given property investors a potential capital gain of 86.08% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Wiley Park is offering property investors an average of -5.28. This rate of discount on properties puts Suburb at number 17th in terms of most discounted suburbs in NSW

Often selling an investment property can take time, and in Wiley Park the average time real estate has been on the market is 78.42 days.

Advertised rents are around the $500 mark per week – giving a return of 2.88% based on the median price in Suburb

At number 1382th in the list of Australian suburbs ordered by increase in median house value over the last year, Wiley Park, 2195 is in the BOTTOM 30% with a property value increase of -4.60% recorded in median house prices.

A 55.43% growth in median value for property investors in Wiley Park,2195 puts this suburb at number 396th in terms of best performing suburbs in NSW

At number 124th of NSW’s most discounted properties, Wiley Park is in the bottom 30% of the state/territory when listing in order of most discounted to least.

With the median price for a house in Wiley Park being $415000 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 4.76%

Metrics i HOUSE UNIT
$902,500 $415,000
0.56% 0.00%
6.80% -4.60%
9.30% 8.68%
$500 $380
39 114
2.88% 4.76%
78.42 64.8

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 9697
Median household income ($/weekly) 876
Median age of persons 30
Median housing loan repayment ($/monthly) 1600
Average household size 3
  • Census Count Percent(%)
    0-4 years 1016 10.5
    5-14 years 1341 13.8
    25-34 years 2123 21.9
    35-44 years 1392 14.4
    45-54 years 1072 11.1
    Others 2754 28.4
    Age Group
    Census Count Percent(%)
    Registered Married 3563 53.7
    Not Married 2916 43.9
    Defacto Relationship 162 2.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 3321 38.3
    Croatia 349 4.0
    Malaysia 751 8.7
    Viet Nam 399 4.6
    Other 2216 25.6
    Others 1636 18.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 577 6.6
    Christianity 2961 34.1
    Hinduism 214 2.5
    Islam 4262 49.1
    No Religion 608 7.0
    Others 60 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 369 13.7
    $600-$799 422 15.7
    $800-$999 313 11.6
    $1,000-$1,249 292 10.9
    $1,500-$1,999 293 10.9
    Others 999 37.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2807 42.8
    Employed, worked full-time 1969 30.0
    Employed, worked part-time 1108 16.9
    Unemployed, looking for work 428 6.5
    Employed, away from work 248 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 483 14.5
    Technicians & trades workers 446 13.4
    Clerical & administrative workers 391 11.8
    Machinery operators & drivers 414 12.4
    Labourers 530 15.9
    Others 1063 32.0
    Occupation
    Census Count Percent(%)
    Infants/Primary 820 33.5
    Secondary 536 21.9
    Technical or Further Educational Institution 335 13.7
    University or other Tertiary Institutions 459 18.8
    Other type of educational institution 167 6.8
    Others 128 5.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 4927 55.5
    Separate house 3200 36.0
    Semi-detached, row or terrace house, townhouse 751 8.5
    Caravan, cabin, houseboat 4 0.0
    House or flat attached to a shop, office 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1443 50.3
    Being purchased 788 27.5
    Fully owned 629 21.9
    Other tenure type 7 0.2
    Tenure Type
Census 2011, ABS
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