Property value increases in Wingham have tracked just higher than the NSW average of 8.26% over the last 12 months.
Over the longer term, Wingham has seen property prices show investors a 19.25% return over the last 3 years. This is worse than over the last 12 months
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Wingham itself are offering an average vendor discount of -4.31% to real estate investors.
With the median price for a house in Wingham being $285000 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 6.02%
On average over the past year, suburb has had 0.83 sales per month, which equates to 10 per year.