Property investors who have had real estate in Wickham, 2293 should be 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 24.05%
While Wickham,2293 ranked number 941th in NSW for increase in median house value (annualised) increase, it is ranked 253th over the last 5 years.
Property buyers and investors in Wickham 2293 should be seeing an average reduction in asking price of around -3.79% . This means that Wickham is holding prices well when compared to other suburbs in NSW.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 3.24%, without taking into account capital value appreciation, which has been averaging out at 9.28%.
Over the last year, property investments in Wickham, 2293 have given investors a capital gain of 34.08%. This compares very favourably with the 6.96% for NSW as a whole.
Over the longer term, Wickham has seen property prices show investors a 32.62% return over the last 3 years. This is an improvement over the last 12 months
Advertised rents are around the $470 mark per week – giving a return of 4.01% based on the median price in Suburb