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Wyong, NSW 2259

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketStrong Growth

Median House

$905,000

market range $850K-$1.0M

Median Unit

$565,000

market range $525K-$600K

Gross Yield (units)

4.9%

1yr Growth (houses)

+8.1%

market range +5.0% to +12.5%

Investment snapshot for Wyong

Wyong has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Wyong market and investor summary

Wyong (NSW 2259) runs a median house price of $905K. House prices have moved +8.1% over the past year and +8.6% over three years. At 0.9% vacancy, it is a tight rental market that favours landlords.

Rental demand looks steady, with vacancy at 0.9% and a resident base that is not shrinking.

Living in Wyong: people, income and schools

Wyong is home to around 4,530 people, and the area has been growing steadily, up about 11% over five years. The median age is 45, skewed a little older, and families account for 60% of households.

Households here earn a median of about $57,000 a year, or roughly $1,100 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to a steep 15.9 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 32% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.

There are 14 schools within about 5km, testing close to the national school average on ICSEA. It is roughly 68 km from the CBD. Some errands can be done on foot, though a car still helps; the suburb scores 61 for walkability and 50 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
4,530
+11% over 5yr
Median age
45 years
Median household income
$57,000/yr
Households renting
40%
Family households
60%
Socio-economic rank
4/10
ABS advantage index
Schools within 5km
14
avg ICSEA 1012
Unemployment
4.4%
Distance to CBD
68 km
Walk score
61/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Wyong

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Frequently asked questions about Wyong

What should I check before investing in Wyong?

Wyong has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.9% gives a usable rent-to-price starting point. Capital growth of +8.1% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Wyong?

The median property price in Wyong, NSW 2259 is $905K for houses and $565K for units.

What rental yield does Wyong show?

The gross rental yield in Wyong is 4.9% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Wyong?

House prices in Wyong are up 8.1% over the past year and up 8.6% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Wyong?

The current vacancy rate in Wyong is 0.9%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Wyong?

Wyong has a population of approximately 4,530 residents, with a median age of 45.

What schools are near Wyong?

There are 14 schools within roughly 5km of Wyong. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Wyong affordable to buy in?

A median house in Wyong costs about 15.9 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Wyong's population growing?

The population of Wyong has grown about 11% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Wyong from the CBD?

Wyong is about 68 km from the CBD.

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