At number 423th in the list of Australian suburbs ordered by increase in median house value over the last year, Wickham, 2293 is in the top 20% with a property value increase of 17.70% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Wickham,2293 has racked up an average of 17.70% over the period. This ranks it number 309th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -3.79% to buyers in Wickham at the moment, which is less than average for the rest of NSW.
Using the current median advertised rental of $420 and the average annual increase in value of a median property of 8.36%, investors should hope to achieve an overall return of 3.28%
Wickham, 2293 ranked 21th in NSW when comparing growth in median property values or capital gain over the last 12 months. Wickham is one of 3163 in our list for NSW
Over the longer term, Wickham has seen property prices show investors a 45.63% return over the last 3 years. This is worse than over the last 12 months
Situated 53.15km from the CBD, Wickham is one of Newcastle localities in the postcode 2293.