Suburb Profile Report for Wingham NSW (2429)

Wingham House: Median price $300,000, Annual capital growth 2.85%, Number of sales 130, Weekly median advertised rent $330

Wingham Unit: Median price $186,500, Annual capital growth 6.57%, Number of sales 10, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

Wingham is an average performer in NSW when comparing median price capital growth over the last year. Wingham gave property investors a good capital gain figure when compared to the rest of the state, with 15.38%.

The five-year average increase in median property values for Wingham,2429 has given property investors a potential capital gain of 29.31% across each of those five years.

Property buyers and investors in Wingham 2429 should be seeing an average reduction in asking price of around -3.75% . This means that Wingham is holding prices well when compared to other suburbs in NSW.

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

Investment property in Wingham has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.57%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Wingham has increased when compared to the 5 year average annual rate.

The NSW suburb of Wingham, 2429 is in the Greater Taree local government area.

Metrics i HOUSE UNIT
$300,000 $186,500
1.69% -11.61%
15.38% 6.57%
2.85% 6.57%
$330 N/A
130 10
5.72% N/A
40.52 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Very good (H)
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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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