Property investors who have had real estate in Wyoming, 2250 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 1.07%
Wyoming,2250 was ranked 528 in Australia by increase in median property value over the quarter.
Wyoming, 2250 is offering NSW ‘s 210th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this NSW.
At number 708 in a list of fastest selling suburbs, Wyoming is in the TOP 20% of suburbs in Australia with an average of days on market 57.042 for properties listed there.
A $460 per week rent on the median house gives suburb investors a gross yield of circa 4.05%, without taking into account capital value appreciation, which has been averaging out at 6.55%.
Property value increases in Wyoming have tracked lower than the NSW average of -0.92% over the last 12 months.
Comparing Wyoming,2250 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors should expect to get $387.5 weekly from the median priced house in this suburb.
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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.