Property investors who have had real estate in Wickham, 2293 should be relatively pleased 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 6.72%
A 75.91% growth in median value for property investors in Wickham,2293 puts this suburb at number 33th in terms of best performing suburbs in NSW
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.50% offered to property buyers. Sellers in Wickham itself are offering an average vendor discount of -4.50% to real estate investors.
Renters in Suburb are facing rents around $5106 per annum or $425.5 every week.
If you compare the increase in value of investment property in Wickham, 2293 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 15.40%.
When looking at the potential capital gains offered to property investors over the last 3 years, Wickham comes in at number 280th in NSW.
On average over the past year, suburb has had 1.25 sales per month, which equates to 15 per year.
A $470 per week rent on the median house gives suburb investors a gross yield of circa 4.66%, without taking into account capital value appreciation, which has been averaging out at 28.52%.