Property value increases in Wyoming have tracked just higher than the NSW average of 4.04% over the last 12 months.
A 87.54% growth in median value for property investors in Wyoming,2250 puts this suburb at number 400th in terms of best performing suburbs in NSW
Vendor discounting in Wyoming is giving property investors an average Vendor Discount of around -4.60%. This puts suburb at number 914th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Wyoming the average time real estate has been on the market is 35.8 days.
With the median price for a house in Wyoming being $628250 and the advertised rent reaching $472.5 the gross rental yield for property investors calculates out to be 3.91%
Property value increases in Wyoming have tracked higher than the NSW average of 1.69% over the last 12 months.
Wyoming,2250 has offered an average of 12.85% return per annum in house price rises to property investors over the last three years.
On average over the past year, suburb has had 1.58 sales per month, which equates to 19 per year.
Using the current median advertised rental of $387.5 and the average annual increase in value of a median property of 6.80%, investors should hope to achieve an overall return of 4.17%
A suburb that offers convenience while being close to nature, Wyoming has been going strong and steady in recent yearsFull summary
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Central Coast suburb is a hit for nature lovers
Median house price: $615,000
Three-year growth: 44.1%
Rental yield: 4.0%
A suburb that offers convenience while being close to nature, Wyoming has been going strong and steady in recent years.
Prices in the house market increased by 11.8% in the 12 months to June 2018, maintaining a growth trend that hit 83.6% in 2013. The average annual growth rate comes in at a high 7.3%, indicating the considerable potential of this suburb for capital growth. Those seeking cash flow will not be disappointed as well, with investors reaping rental yields of 4% on average. Thus, it’s not surprising that houses are selling quickly, spending just 32 days on the market.
Wyoming is favoured by residents for its proximity to the Gosford CBD, just 4km away. Thus, there is easy access to schools and public transport. Wyoming has a shopping hub of its own, in addition to a community centre, as well as bushwalks into lovely rainforests.Close