Wamberal is a mid-sized suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2260). With a population of 6,991, the suburb has an established demographic with a median age of 40. Households earn a median income of $125K per year, with an average household size of 2.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Wamberal is $1.0 million, having dropped significantly 36.6% over the past year. Units have a median price of $561,000 (-43.3% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $2,500.
Wamberal is served by 1 school, including 1 primary. The average ICSEA score is 1048, which is around the national average of 1,000. Public transport access includes 65 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Wamberal offers a gross rental yield of 4.1%, rated as moderate yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.1x is considered moderate. House prices have moved -36.6% year-on-year.
Wamberal is a mid-sized suburb in New South Wales within the Central Coast (NSW) local government area (postcode 2260). With a population of 6,991, the suburb has an established demographic with a median age of 40. Households earn a median income of $125K per year, with an average household size of 2.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Wamberal is $1.0 million, having dropped significantly 36.6% over the past year. Units have a median price of $561,000 (-43.3% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $2,500.
Wamberal is served by 1 school, including 1 primary. The average ICSEA score is 1048, which is around the national average of 1,000. Public transport access includes 65 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Wamberal offers a gross rental yield of 4.1%, rated as moderate yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.1x is considered moderate. House prices have moved -36.6% year-on-year.