Wingen is a quiet locality in New South Wales within the Upper Hunter Shire local government area (postcode 2337). With a population of 277, the suburb has an established demographic with a median age of 41. Households earn a median income of $82K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, managers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Wingen is $550,000, having dropped significantly 42.6% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,517.
Public transport access includes 8 bus stops. The crime rate in the Upper Hunter Shire LGA is below average at 3,250 incidents per 100,000 population.
From an investment perspective, Wingen offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($550K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.7x is considered moderate. House prices have moved -42.6% year-on-year.
Wingen is a quiet locality in New South Wales within the Upper Hunter Shire local government area (postcode 2337). With a population of 277, the suburb has an established demographic with a median age of 41. Households earn a median income of $82K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, managers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Wingen is $550,000, having dropped significantly 42.6% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,517.
Public transport access includes 8 bus stops. The crime rate in the Upper Hunter Shire LGA is below average at 3,250 incidents per 100,000 population.
From an investment perspective, Wingen offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($550K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.7x is considered moderate. House prices have moved -42.6% year-on-year.