REDBANK PLAINS 
1 MIN READ‘Nonsensical’: Economist Shuts Down 10% Price Drop Talk
A big four bank’s suggestion that Australia would see a 10 per cent dip in property prices over 2023 has been promptly...
Read More
WyongWyong - SUBURB PROFILE REPORT
SHARE 
Based on its average 5-year and quarterly capital gains WYONG, 2259 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that WYONG, 2259 obtained a 9.95% growth over a ten-year period. It ranks 593rd on our list of suburbs that property investors should look into.
WYONG, 2259 in NSW belongs to the local government area of Central Coast (C) (NSW).
WYONG, 2259 has a capital gain of 12.5% for the past year, which is higher than average compared to its 41.62% growth within a five-year period.
With the median home price in WYONG sitting at $697,500, and the average rent at $425, property owners could potentially earn a 3.17% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in WYONG are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $697,500 | $389,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0.36% | 2.37% |
| Median 12 month | 12.5% | 8.06% |
| Median 3 years | 22.37% | -0.13% |
| Median 5 years | 41.62% | 23.89% |
| 10 years average annual | 9.95% | 5.23% |
| Weekly media advert. rent | $425 | $370 |
| Time on Market | 48.1 days | 73.0 days |
| Gross Rental Yield Percent | 3.17% | 4.95% |
Get notifications in real-time for staying up to date with content that matters to you.
Copyright © 2021 Smart Property Investment
PODCAST
