Suburb Profile Report for Wyee Point NSW (2259)

Wyee Point House: Median price $623,500, Annual capital growth 7.15%, Number of sales 24, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Wyee Point, 2259 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 19.33%.

When looking at the potential capital gains offered to property investors over the last 3 years, Wyee Point comes in at number 635th in NSW.

Property investors looking for a bargain in Wyee Point should be aiming for at least -5.22% off the asking price, which is the average vendor discount being achieved at the moment.

The NSW suburb of Wyee Point, 2259 is in the Lake Macquarie local government area.

Metrics i HOUSE UNIT
$623,500 N/A
-3.63% N/A
19.33% N/A
7.15% N/A
$450 N/A
24 N/A
3.75% N/A
73.95 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
Find a mortgage broker in Wyee Point NSW
Demographics
Total population 678
Median household income ($/weekly) 1201
Median age of persons 40
Median housing loan repayment ($/monthly) 1950
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 105 15.5
    25-34 years 66 9.7
    35-44 years 94 13.9
    45-54 years 95 14.0
    55-64 years 115 17.0
    Others 203 29.9
    Age Group
    Census Count Percent(%)
    Registered Married 303 61.2
    Not Married 149 30.1
    Defacto Relationship 43 8.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 579 88.7
    New Zealand 4 0.6
    Papua New Guinea 11 1.7
    United Kingdom 37 5.7
    Other 11 1.7
    Others 11 1.7
    Country of Birth
    Census Count Percent(%)
    Christianity 495 77.2
    No Religion 136 21.2
    Buddhism 10 1.6
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 19 9.4
    $600-$799 19 9.4
    $800-$999 23 11.3
    $1,000-$1,249 25 12.3
    $1,500-$1,999 28 13.8
    Others 89 43.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 189 36.4
    Employed, worked full-time 181 34.9
    Employed, worked part-time 110 21.2
    Employed, away from work 23 4.4
    Unemployed, looking for work 16 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 38 12.0
    Professionals 46 14.5
    Technicians & trades workers 72 22.7
    Clerical & administrative workers 49 15.5
    Labourers 32 10.1
    Others 80 25.2
    Occupation
    Census Count Percent(%)
    Pre-school 10 6.3
    Infants/Primary 64 40.5
    Secondary 50 31.6
    Technical or Further Educational Institution 15 9.5
    University or other Tertiary Institutions 16 10.1
    Others 3 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 630 97.5
    Caravan, cabin, houseboat 13 2.0
    Flat, unit or apartment 3 0.5
    Semi-detached, row or terrace house, townhouse 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 112 49.6
    Fully owned 81 35.8
    Rented 33 14.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals