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Wynyard

POSTAL CODE: TAS, 7325
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WYNYARD ranks 69th in TAS when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 0.33% for the past year is lower than average compared to its 50.7% growth within a five-year period.

Also in WYNYARD, the median home price is sitting at $535,000, and the average rent at $450, this suggests property owners could potentially earn a 4.37% increase in gross rental yield.

Property investors have seen a 0% gain in WYNYARD based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.89% growth over a ten-year period. It ranks 1298th on our list of suburbs that property investors should look into.

Surburb overview

Wynyard is a picturesque coastal town located approximately 17 kilometres west of Burnie, Tasmania. Nestled along the Inglis River and the Bass Strait, Wynyard offers a serene and scenic environment, making it a desirable location for those who appreciate coastal living.

The population of Wynyard is around 5,000 residents, according to the most recent census. The town features a diverse demographic mix, including families, professionals, retirees, and a growing number of younger residents attracted by its natural beauty and relaxed lifestyle. This variety contributes to a vibrant and inclusive community atmosphere.

Wynyard is part of the Waratah-Wynyard Council local government area. Public transportation in the town is adequate, with bus services connecting Wynyard to Burnie and other surrounding areas. The presence of Burnie Airport in Wynyard provides additional connectivity, offering flights to major cities such as Melbourne. This accessibility is beneficial for both commuting and travel, making Wynyard a convenient location for residents.

The town is well-served by a variety of nearby establishments and amenities. Educational institutions in the area include Wynyard High School and a number of primary schools, catering to the educational needs of the local community. For shopping and everyday essentials, residents can visit the central business district, which features a range of retail stores, supermarkets, cafes, and restaurants.

Wynyard is renowned for its parks and recreational facilities, providing residents with ample opportunities for outdoor activities. The town's waterfront is a focal point, featuring scenic walking paths, picnic areas, and playgrounds. Gutteridge Gardens, located along the river, is a popular spot for families and nature enthusiasts. Additionally, the nearby Fossil Bluff offers stunning views and is a notable attraction for both locals and visitors.

The community spirit in Wynyard is strong, with various local events and activities organised throughout the year. The annual Wynyard Tulip Festival, held in October, celebrates the town's agricultural heritage and attracts visitors from across the region. This festival, along with other community events, fosters a sense of belonging and provides residents with opportunities to engage and socialise.

Wynyard's blend of coastal tranquillity, natural beauty, and community-focused living makes it an attractive location for a wide range of residents. Its proximity to Burnie, coupled with the availability of quality schools, shopping centres, and recreational facilities, enhances its appeal as a prime residential area. The town's vibrant community spirit and picturesque setting further contribute to its charm and desirability.

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