Wingham (postcode 2429) is a mid-sized suburb in New South Wales within the Mid-Coast local government area. The area has roughly 5,395 residents and an older-leaning population, with a median age of 47. Households earn a median income of $57K per year, with an average household size of 2.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% 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 community & personal service, labourers, technicians & trades. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Australian, English, Scottish.
Wingham has a median house price of $551,000, which has risen solidly by 8.6% year-on-year. Units have a median price of $349,000 (+7.4% YoY). The current median weekly rent is $435. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,371.
Wingham is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 926, which is below the national average of 1,000. Public transport access includes 1 rail station, 184 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Mid-Coast LGA is below average at 3,779 incidents per 100,000 population.
On the investment side, Wingham shows a gross rental yield of approximately 4.1%, rated as moderate yield. Property prices sit below the state median ($551K/$1.5M), which can point to relative value. The price-to-income ratio of 9.6x is considered moderate. House prices have moved +8.6% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.