Suburb Profile Report for Wyoming NSW (2250)

Wyoming House: Median price $516,000, Annual capital growth 5.45%, Number of sales 191, Weekly median advertised rent $430

Wyoming Unit: Median price $432,500, Annual capital growth 6.00%, Number of sales 15, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Wyoming, 2250 have given investors a capital gain of 7.50%. This compares averagely with the 7.28% for NSW as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, Wyoming comes in at number 438th in NSW.

Vendor discounting in Wyoming is giving property investors an average Vendor Discount of around -5.22%. This puts suburb at number 593th in NSW when ranking the most discounted suburbs.

A $430 per week rent on the median house gives suburb investors a gross yield of circa 4.33%, without taking into account capital value appreciation, which has been averaging out at 5.45%.

Wyoming is in the TOP 30% in NSW when comparing median price capital growth over the last year. Wyoming gave property investors a good capital gain figure when compared to the rest of the state, with 10.90%.

The five-year average increase in median property values for Wyoming,2250 has given property investors a potential capital gain of 65.08% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Wyoming is offering property investors an average of -4.41. This rate of discount on properties puts Suburb at number 466th in terms of most discounted suburbs in NSW

Using the current median advertised rental of $400 and the average annual increase in value of a median property of 6.00%, investors should hope to achieve an overall return of 4.81%

HOUSE UNIT
$516,000 $432,500
3.20% 3.35%
7.50% 10.90%
5.45% 6.00%
$430 $400
191 15
4.33% 4.81%
33.63 34.2

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 9905
Median household income ($/weekly) 982
Median age of persons 42
Median housing loan repayment ($/monthly) 1759
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 1238 12.5
    25-34 years 1090 11.0
    35-44 years 1175 11.9
    45-54 years 1223 12.3
    55-64 years 1158 11.7
    Others 4020 40.6
    Age Group
    Census Count Percent(%)
    Registered Married 3322 46.8
    Not Married 3212 45.2
    Defacto Relationship 566 8.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 7773 82.3
    Papua New Guinea 224 2.4
    Philippines 68 0.7
    United Kingdom 650 6.9
    Other 226 2.4
    Others 506 5.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 98 1.1
    Christianity 6863 75.7
    Islam 75 0.8
    Other Religious Groups 46 0.5
    No Religion 1948 21.5
    Others 31 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 359 10.8
    $400-$599 447 13.5
    $600-$799 371 11.2
    $800-$999 314 9.5
    $1,500-$1,999 446 13.4
    Others 1382 41.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3450 45.0
    Employed, worked full-time 2412 31.4
    Employed, worked part-time 1285 16.7
    Unemployed, looking for work 274 3.6
    Employed, away from work 252 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 757 19.2
    Technicians & trades workers 607 15.4
    Community & personal service workers 431 10.9
    Clerical & administrative workers 627 15.9
    Sales 452 11.4
    Others 1075 27.2
    Occupation
    Census Count Percent(%)
    Pre-school 191 8.4
    Infants/Primary 763 33.6
    Secondary 713 31.4
    Technical or Further Educational Institution 223 9.8
    University or other Tertiary Institutions 309 13.6
    Others 70 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7825 86.4
    Semi-detached, row or terrace house, townhouse 1010 11.1
    Flat, unit or apartment 183 2.0
    Caravan, cabin, houseboat 42 0.5
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1344 37.5
    Fully owned 1253 34.9
    Rented 813 22.7
    Other tenure type 178 5.0
    Tenure Type
Census 2011, ABS
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