Wyee is a smaller suburb in New South Wales within the Lake Macquarie local government area (postcode 2259). With a population of 2,909, the suburb has a mature demographic with a median age of 49. Households earn a median income of $72K per year, with an average household size of 2.6 people. The most common occupations are technicians & trades, community & personal service, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Wyee is $559,000, having surged 11.9% over the past year. Units have a median price of $693,000 (+30.2% YoY). The current median weekly rent is $660. This gives a gross rental yield of approximately 6.1%. The median monthly mortgage repayment is $1,950.
Wyee is served by 1 school, including 1 primary. The average ICSEA score is 955, which is around the national average of 1,000. Public transport access includes 33 bus stops. The crime rate in the Lake Macquarie LGA is below average at 3,396 incidents per 100,000 population.
From an investment perspective, Wyee offers a gross rental yield of 6.1%, rated as high yield. Property prices sit below the state median ($559K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.8x is considered moderate. House prices have moved +11.9% year-on-year.
Wyee is a smaller suburb in New South Wales within the Lake Macquarie local government area (postcode 2259). With a population of 2,909, the suburb has a mature demographic with a median age of 49. Households earn a median income of $72K per year, with an average household size of 2.6 people. The most common occupations are technicians & trades, community & personal service, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Wyee is $559,000, having surged 11.9% over the past year. Units have a median price of $693,000 (+30.2% YoY). The current median weekly rent is $660. This gives a gross rental yield of approximately 6.1%. The median monthly mortgage repayment is $1,950.
Wyee is served by 1 school, including 1 primary. The average ICSEA score is 955, which is around the national average of 1,000. Public transport access includes 33 bus stops. The crime rate in the Lake Macquarie LGA is below average at 3,396 incidents per 100,000 population.
From an investment perspective, Wyee offers a gross rental yield of 6.1%, rated as high yield. Property prices sit below the state median ($559K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.8x is considered moderate. House prices have moved +11.9% year-on-year.