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Wauchope
AREA REPORTS

Wauchope

Wauchope - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2446

house
unit

Property investments in WAUCHOPE did not fare well against the rest of the country last year, registering a median home price decrease of 31.26%.

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

Based on its average 5-year and quarterly capital gains WAUCHOPE, 2446 saw average growth in the long term.

Real estate investors could earn a rental income of $470 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 37.6 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $550,000.

WAUCHOPE ranks 135th on the list of best yielding suburbs for rental properties in NSW, posting a 4.44% return.

Data report can be found below

Wauchope
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $550,000 $447,500
GROWTH REPORT
Median Quarterly 11.39% 3.11%
Median 12 month 31.26% 6.67%
Median 3 years 30.95% 22.6%
Median 5 years 51.93% 31.62%
10 years average annual 6.52% 5.82%
Weekly media advert. rent $470 $400
Time on Market 37.6 days 31.7 days
Gross Rental Yield Percent 4.44% 4.65%
demographics (median values)*
Total Population
13330
Weekly Household Income
1117
Household Size
2.60
Age
44
Monthly Loan Repayment
1600
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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