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Wyee Point, NSW 2259

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Wyee Point, NSW 2259 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Wyee Point, NSW 2259”

  1. The total adult population (15 years or older) of Wyee Point 2259 NSW is 961, with a median age of 43. Of those, 51.09% are married, 10.93% are divorced or separated, 33.82% are single and 5.10% are widowed.

    The average household size is 2.9 people per dwelling, and the median household monthly income is estimated to be $7,696. The median monthly mortgage repayment for households in this suburb is $2,167 which is 28.16% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in the alluring state of New South Wales, Wyee Point, with postal code 2259, emerges as a promising suburb consisting of an estimated 616 households. As the third quarter of 2023 unfolds, the real estate metrics for houses delineate a typical price of $790,054, making Wyee Point appealing for potential homebuyers and investors.

    The median weekly rent is reported at a generous $550, churning out an enticing indicative yield of approximately 3.6% – an attractive rate for cashflow-centric property investors. The socio-economic fabric of Wyee Point is robust, backed by an IRSAD score of 956 out of 1,217, signaling a beneficial socio-economic ambiance.

    Cementing its position as an advantageous investment landscape is the low renter to owner ratio of 14%. This ratio contributes towards creating a prosperous community with a significant number of homeowners. The Unit to Houses ratio stands solidly at 1%, underscoring the preference for houses here over units, a favorable prospect for investors scouting for properties with potentially extended tenancy periods.

    However, it’s worth noting that the affordability index is high at 42 years, indicating a more protracted tenure for full ownership. While this is veering toward unaffordable territory, dedicated and long-term investors may still find value.

    The demand and supply dynamics are seemingly balanced in Wyee Point. The stock on market Percentage comes in at a low 0.32%, suggesting a favorably low level of unsold stock. Similarly, the inventory Level for houses is well-stocked at 12 months. Coupled with the zero building approvals ratio, it indicates no sudden surge in new housing supply is on the cards, indicating a stable outlook for the future property market.

    The average Days on the Market for properties stands at 71, indicating a neutral level of demand. The vacancy rate for both houses and units hovers around 1.19%, marking it as a high-demand market, thereby increasing the prospects for high rental returns.

    However, with a buy search index at 3, potential buyers may want to keep a close eye on market trends and developments to seize fitting investment opportunities.

    Wyee Point unmistakably offers a wholesome property investment landscape. Nonetheless, individuals and investors need to bear in mind that the market is dynamic, and continuous attention to changing market shifts is essential. A detailed eye on the RCS metric, aggregating over 80 metrics, can provide comprehensive insights to make informed decisions.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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