Suburb Profile Report for West Wyalong NSW (2671)

West Wyalong House: Median price $169,500, Annual capital growth 0.39%, Number of sales 68, Weekly median advertised rent $250

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

Source: CoreLogic

  • House Report

Investment property in West Wyalong has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -2.31%

If we look at median property appreciation over just the last three months, West Wyalong has given property investors a paper return of 4.95%. This puts Suburb as 223 on a list of fastest fasting appreciating suburbs in NSW

The most recent median price for West Wyalong is $169500, with sellers offering an average of -9.18% off the asking price.

A $250 per week rent on the median house gives suburb investors a gross yield of circa 7.67%, without taking into account capital value appreciation, which has been averaging out at 0.39%.

HOUSE UNIT
$169,500 N/A
4.95% N/A
-2.31% N/A
0.39% N/A
$250 N/A
68 N/A
7.67% N/A
106.35 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in West Wyalong NSW
Demographics
Total population 3041
Median household income ($/weekly) 924
Median age of persons 41
Median housing loan repayment ($/monthly) 1196
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 386 12.7
    25-34 years 345 11.3
    35-44 years 326 10.7
    45-54 years 391 12.9
    55-64 years 361 11.9
    Others 1232 40.5
    Age Group
    Census Count Percent(%)
    Registered Married 1176 54.8
    Not Married 769 35.8
    Defacto Relationship 201 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2772 94.9
    Croatia 10 0.3
    Papua New Guinea 23 0.8
    United Kingdom 47 1.6
    Other 17 0.6
    Others 53 1.8
    Country of Birth
    Census Count Percent(%)
    Christianity 2504 87.0
    No Religion 361 12.5
    Buddhism 5 0.2
    Hinduism 5 0.2
    Other Religious Groups 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 101 9.2
    $400-$599 160 14.6
    $600-$799 115 10.5
    $800-$999 121 11.1
    $1,500-$1,999 123 11.2
    Others 475 43.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 893 38.4
    Not in the labour force 875 37.6
    Employed, worked part-time 418 18.0
    Employed, away from work 100 4.3
    Unemployed, looking for work 40 1.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 237 16.8
    Professionals 163 11.6
    Technicians & trades workers 234 16.6
    Clerical & administrative workers 160 11.3
    Machinery operators & drivers 197 14.0
    Others 420 29.8
    Occupation
    Census Count Percent(%)
    Pre-school 72 11.2
    Infants/Primary 256 39.8
    Secondary 171 26.6
    Technical or Further Educational Institution 84 13.1
    University or other Tertiary Institutions 44 6.8
    Others 16 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2645 93.8
    Semi-detached, row or terrace house, townhouse 14 0.5
    Flat, unit or apartment 113 4.0
    Caravan, cabin, houseboat 6 0.2
    House or flat attached to a shop, office 38 1.3
    Others 4 0.1
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 517 44.1
    Being purchased 338 28.8
    Rented 310 26.5
    Other tenure type 7 0.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals