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Wyoming is a leafy, established suburb on the Central Coast just north of Gosford. It reads as quietly residential, with tree-lined streets, a mix of weatherboard and brick homes from earlier decades and pockets of newer infill. Small parks and nearby bushland give it a suburban feel with a rural edge, while local shops and cafes and straightforward road links make day-to-day errands easy. The waterfront and wider services of Gosford are within easy reach, and the area attracts families, long-term locals and people who work in the Gosford precinct.

About 10,111 people live in Wyoming; the median age is 42 and median household income is $1,408 a week (around $73,200 a year). It is a suburb of families, with couple families (with and without children) making up most households, and most homes are owner-occupied. Community facilities include Wyoming Public School, the Central Coast Community Women’s Health Centre and the Wyoming Community Centre, and council funding has been allocated for upgrades to the local playspace and a school crossing. Whether that suits you comes down to what you’re after in a suburb.

On the figures, housing in Wyoming is a stretch against local incomes recorded at the last Census. The median house price of $967,000 is about 13.2 times a typical local household's annual income at the last Census, so buying sits well above what households there earned. Renting is also a large share of income: a house at $700 a week would use about 49.7% of a typical local household's weekly income at the last Census, while a unit at $500 a week would take about 35.5%.

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

If you're weighing Wyoming up as an investment, the past year shows modest capital growth for houses and modest rises in house rents, while unit rents increased more strongly. House values rose 4.6% over the year and house rents climbed 4.8%, both modest increases; unit rents were up 6.4%, a solid rise, so rental income on units grew faster than house rents and faster than house prices over the same period.

Which of those movements matters most depends on your goals: the house value figure relates to capital growth, while the rent figures are what matter for rental income. Whether that mix suits your circumstances is for you to weigh up.

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.