Wingham is a mid-sized suburb in New South Wales within the Mid-Coast local government area (postcode 2429). With a population of 5,395, the suburb has a mature demographic with a median age of 47. Households earn a median income of $57K per year, with an average household size of 2.3 people. The most common occupations are community & personal service, labourers, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Wingham is $725,000, having surged 31.5% over the past year. Units have a median price of $395,000 (+13% YoY). The current median weekly rent is $400. This gives a gross rental yield of approximately 2.9%. 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 3,753 incidents per 100,000 population.
From an investment perspective, Wingham offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($725K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.6x is considered stretched. House prices have moved +31.5% year-on-year.
Wingham is a mid-sized suburb in New South Wales within the Mid-Coast local government area (postcode 2429). With a population of 5,395, the suburb has a mature demographic with a median age of 47. Households earn a median income of $57K per year, with an average household size of 2.3 people. The most common occupations are community & personal service, labourers, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Wingham is $725,000, having surged 31.5% over the past year. Units have a median price of $395,000 (+13% YoY). The current median weekly rent is $400. This gives a gross rental yield of approximately 2.9%. 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 3,753 incidents per 100,000 population.
From an investment perspective, Wingham offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($725K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.6x is considered stretched. House prices have moved +31.5% year-on-year.