AREA REPORTS

Wangi Wangi

Suburb Profile

Wangi Wangi - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2267

house

Property investors enjoyed capital gains of 15.32% over the last 12 months in WANGI WANGI, translating to lower returns compared with its peers in NSW.

Figures from the previous quarter show that capital gains for real estate buyers in WANGI WANGI are low, as opposed to average gains per annum over the past five years.

The suburb posted a 32.98% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $400 based on current median home prices for the suburb.

On average, rents on listings have reached the $400 mark, reflecting a 3.33% increase in returns based on the current median price in WANGI WANGI.

WANGI WANGI, 2267 ranks 182nd in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 667th on the list of best yielding suburbs for rental properties in NSW, posting a 3.33% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $625,000 N/A
GROWTH REPORT
Median Quarterly 4.34% N/A
Median 12 month 15.32% N/A
Median 3 years 32.98% N/A
Median 5 years 67.79% N/A
10 years average annual 6.36% N/A
Weekly media advert. rent $400 N/A
Time on Market 72.7 days N/A
Gross Rental Yield Percent 3.33% N/A
demographics (median values)
Total Population
2772
Weekly Household Income
823.5
Household Size
2.40
demographics
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