Suburb Profile Report for Wyee Point NSW (2259)

Wyee Point House: Median price $597,500, Annual capital growth 7.09%, Number of sales 28, Weekly median advertised rent $440

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

Source: CoreLogic

  • House Report

NSW has seen average median house prices change by 6.87% which means that Wyee Point, 2259 has done well for property investors by showing a capital gain of 15.46% over the last year

Across a shorter period, Wyee Point, 2259 has seen a median price increase of 1.27% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Wyee Point is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 750th in terms of most discounted suburbs in NSW

A $440 per week rent on the median house gives suburb investors a gross yield of circa 3.83%, without taking into account capital value appreciation, which has been averaging out at 7.09%.

HOUSE UNIT
$597,500 N/A
1.27% N/A
15.46% N/A
7.09% N/A
$440 N/A
28 N/A
3.83% N/A
71.5 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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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
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