Located in New South Wales within the Newcastle local government area, Wickham is a small locality (postcode 2293). The area has roughly 1,637 residents and a blend of families and working-age professionals, with a median age of 32. Households earn a median income of $99K per year, with an average household size of 1.9 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.1% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, community & personal service. Employment in the area leans toward healthcare and public admin & safety. The top ancestries reported are English, Australian, Irish.
Wickham has a median house price of $1.1 million, which has jumped by 19.4% year-on-year. Units have a median price of $743,000 (+4.6% YoY). The current median weekly rent is $775. This gives a gross rental yield of approximately 3.8%. 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 6,285 incidents per 100,000 population.
On the investment side, Wickham shows a gross rental yield of approximately 3.8%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 10.8x is considered stretched. House prices have moved +19.4% year-on-year. Population growth of +1.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.