Wingham, 2429 ranked 348th in NSW when comparing growth in median property values or capital gain over the last 12 months. Wingham is one of 3163 in our list for NSW
Comparing Wingham,2429 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 1099th of NSW’s most discounted properties, Wingham is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 3.70%, investors should hope to achieve an overall return of 5.36%
In the suburb of Wingham, house prices fell by 0.5% in the November 2017 quarterFull summary
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House prices stumble
Median house price: $287,750
Three-year growth: 13.3%
Rental yield: 6.0%
In the suburb of Wingham, house prices fell by 0.5% in the November 2017 quarter.
This follows the 10.3% growth reported in the past 12 months leading up to November 2017, putting the median value at under $300,000. Despite the slight drop, however, Wingham has seen consistent strong growth over the past five years, and coupled with the high average rental yield of 6%, this suburb remains a good potential investment spot.
The remnant of a tropical rainforest is preserved in Wingham Brush, whose of flying foxes has since become a tourist attraction. Wingham is also the gateway to the Ellenborough Falls.
Several schools have been established in this suburb, including Wingham Public School and Wingham High School, whose agricultural show team has won awards across Australia.Close