Question 1

Is Wakeley a nice place to live?

Accepted Answer

Wakeley is an established, primarily residential suburb in south-west Sydney, made up mostly of single-storey detached homes on level blocks and quiet, tree-lined streets. It attracts families and long-term residents who value backyard space, local parks and sporting fields and a modest neighbourhood shopping strip. The suburb is home to 4,893 people and has a median age of 41; about three in four homes are owner-occupied (74.9%), with renters making up the remainder.

Everyday convenience is a feature: larger employment and retail precincts sit nearby in Wetherill Park and Smithfield, and road links plus local bus services connect Wakeley with the wider metropolitan area. The Fairfield Showground precinct also has a planned Stage 2 proposal for a multi-purpose, four-court indoor sports centre alongside the showground’s existing outdoor fields and amenities. Whether Wakeley suits you depends on the kind of suburban lifestyle you want.

Question 2

Is it expensive to live in Wakeley?

Accepted Answer

House rents in Wakeley run to about $700 a week. Against a typical local household income of $1,553 a week as recorded at the most recent Census, that rent would take about 45.0% of income, which is a large share of a household's weekly earnings. For people renting, that share is the figure that matters; whether it feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Wakeley a good place to invest?

Accepted Answer

Over the past 12 months house values in Wakeley rose 14.5%, a strong increase, while the rent those houses fetched fell 3.4%, a modest decline. That means capital growth and rental income pulled in different directions this year, with house values the stronger performer and rents easing; which of those outcomes matters to you depends on whether you prioritise capital growth or rental income and on your own circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	14.5%	N/A
Sold Past 3 months	7	N/A
Median days on market Past 12 months	49	N/A
Average rent Past 12 months	$700	N/A
Change in rent Past 12 months	-3.4%	N/A

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