Wakeley is a smaller suburb in New South Wales within the Fairfield local government area (postcode 2176). With a population of 4,893, the suburb has an established demographic with a median age of 41. Households earn a median income of $81K per year, with an average household size of 3.2 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Vietnamese, Chinese, Australian.
The median house price in Wakeley is $1.3 million, having declined 6% over the past year. Units have a median price of $880,000 (+5.4% YoY). The current median weekly rent is $730. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,058.
Wakeley is served by 1 school, including 1 secondary. The average ICSEA score is 935, which is below the national average of 1,000. Public transport access includes 20 bus stops. The crime rate in the Fairfield LGA is below average at 2,226 incidents per 100,000 population.
From an investment perspective, Wakeley offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 16.3x is considered stretched. House prices have moved -6.0% year-on-year.
Wakeley is a smaller suburb in New South Wales within the Fairfield local government area (postcode 2176). With a population of 4,893, the suburb has an established demographic with a median age of 41. Households earn a median income of $81K per year, with an average household size of 3.2 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Vietnamese, Chinese, Australian.
The median house price in Wakeley is $1.3 million, having declined 6% over the past year. Units have a median price of $880,000 (+5.4% YoY). The current median weekly rent is $730. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,058.
Wakeley is served by 1 school, including 1 secondary. The average ICSEA score is 935, which is below the national average of 1,000. Public transport access includes 20 bus stops. The crime rate in the Fairfield LGA is below average at 2,226 incidents per 100,000 population.
From an investment perspective, Wakeley offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 16.3x is considered stretched. House prices have moved -6.0% year-on-year.