Wickham is a small community in New South Wales within the Newcastle local government area (postcode 2293). With a population of 1,637, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $99K per year, with an average household size of 1.9 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Wickham is $880,000, having dropped significantly 23.5% over the past year. Units have a median price of $740,000 (-3.9% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $2,024.
Public transport access includes 1 rail station, 8 bus stops. The crime rate in the Newcastle LGA is moderate at 6,194 incidents per 100,000 population.
From an investment perspective, Wickham offers a gross rental yield of 4.4%, rated as moderate yield. Property prices sit below the state median ($880K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.9x is considered moderate. House prices have moved -23.5% year-on-year.
Wickham is a small community in New South Wales within the Newcastle local government area (postcode 2293). With a population of 1,637, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $99K per year, with an average household size of 1.9 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Wickham is $880,000, having dropped significantly 23.5% over the past year. Units have a median price of $740,000 (-3.9% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $2,024.
Public transport access includes 1 rail station, 8 bus stops. The crime rate in the Newcastle LGA is moderate at 6,194 incidents per 100,000 population.
From an investment perspective, Wickham offers a gross rental yield of 4.4%, rated as moderate yield. Property prices sit below the state median ($880K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.9x is considered moderate. House prices have moved -23.5% year-on-year.