Property investors who have had real estate in Wickham, 2293 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 decrease in value by -0.64%
The five-year average increase in median property values for Wickham,2293 has given property investors a potential capital gain of 33.84% across each of those five years.
Situated 117.08km from the CBD, Wickham is one of Newcastle (C) localities in the postcode 2293.
If you compare the increase in value of investment property in Wickham, 2293 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -8.19%.
Taking the average capital gain, or increase in median house value, Wickham,2293 has racked up an average of -8.19% over the period. This ranks it number 783th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Wickham are currently offering property investors an average price cut of -5.46% below the asking price at the moment.