Suburb Profile Report for Wingham NSW (2429)

Wingham House: Median price $329,000, Annual capital growth 4.04%, Number of sales 124, Weekly median advertised rent $330

Wingham Unit: Median price $210,000, Annual capital growth N/A, Number of sales 13, Weekly median advertised rent N/A

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

With a capital gain of 10.87% for the last 12 months, Wingham, 2429 has performed for property investments than its average annual 4.04% property growth over the last 5 years.

While Wingham,2429 ranked number 608th in NSW for increase in median house value (annualised) increase, it is ranked 888th over the last 5 years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Wingham, 2429. Typically our figures indicate that -4.21% is being offered, which puts this NSW suburb at 3131th most discounted overall in Australia.

Property investors should expect to get $330 weekly from the median priced house in this suburb.

Information supplied by:


February 2018

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In the suburb of Wingham, house prices fell by 0.5% in the November 2017 quarterFull summary

House prices stumble

Postcode: 2429

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
Metrics i HOUSE UNIT
$329,000 $210,000
0.15% N/A
10.87% N/A
4.04% N/A
$330 N/A
124 13
5.22% N/A
83.81 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Wingham NSW
Demographics
Total population 5312
Median household income ($/weekly) 766
Median age of persons 45
Median housing loan repayment ($/monthly) 1300
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 756 14.2
    35-44 years 550 10.4
    45-54 years 813 15.3
    55-64 years 721 13.6
    65-74 years 564 10.6
    Others 1908 35.9
    Age Group
    Census Count Percent(%)
    Registered Married 1878 49.3
    Not Married 1620 42.5
    Defacto Relationship 314 8.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 4713 93.5
    New Zealand 19 0.4
    Papua New Guinea 40 0.8
    United Kingdom 149 3.0
    Other 46 0.9
    Others 73 1.4
    Country of Birth
    Census Count Percent(%)
    Christianity 3931 80.4
    No Religion 908 18.6
    Buddhism 22 0.4
    Other Religious Groups 17 0.3
    Islam 11 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 235 12.6
    $400-$599 317 17.1
    $600-$799 277 14.9
    $1,000-$1,249 188 10.1
    $1,500-$1,999 200 10.8
    Others 641 34.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1979 49.1
    Employed, worked full-time 1069 26.5
    Employed, worked part-time 688 17.1
    Unemployed, looking for work 168 4.2
    Employed, away from work 129 3.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 253 13.4
    Technicians & trades workers 286 15.2
    Community & personal service workers 213 11.3
    Clerical & administrative workers 222 11.8
    Labourers 362 19.2
    Others 549 29.1
    Occupation
    Census Count Percent(%)
    Pre-school 109 9.6
    Infants/Primary 461 40.4
    Secondary 386 33.9
    Technical or Further Educational Institution 125 11.0
    University or other Tertiary Institutions 43 3.8
    Others 16 1.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4684 94.3
    Semi-detached, row or terrace house, townhouse 91 1.8
    Flat, unit or apartment 150 3.0
    Caravan, cabin, houseboat 8 0.2
    House or flat attached to a shop, office 29 0.6
    Others 5 0.1
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 879 43.8
    Being purchased 634 31.6
    Rented 486 24.2
    Other tenure type 8 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals