Question 1

Is Wyongah a nice place to live?

Accepted Answer

Wyongah sits on the southern foreshore of Tuggerah Lake close to Wyong and has a quietly residential, low-density character. The suburb mixes older weatherboard and brick homes, modest waterfront blocks and tree-lined streets, and life there tends toward a relaxed, water-oriented pace with easy access to boating, fishing and foreshore reserves. It feels practical and unpretentious, a calm alternative to busier coastal precincts.

Families are a strong presence in Wyongah, with couple families with children the largest group at 37.6%. Couple families without children make up 33.8%, so together those couple families account for about seven in ten families. One-parent families represent 26.6% and other families 2.0%.

The suburb is home to 2,020 people and has a median age of 37. The typical household earns $1,622 a week, roughly $84,300 a year.

Homes in Wyongah are mostly owner-occupied: 33.1% are owned outright and 40.7% are owned with a mortgage, giving owner-occupiers a combined 73.8%, while renters make up 26.2%.

Question 2

Is it expensive to live in Wyongah?

Accepted Answer

House rents in Wyongah are about $640 a week. Against the typical local household income recorded at the most recent Census of $1,622 a week, that rent would take roughly 39.5% of a typical local household's weekly income, which is a sizeable share; for renters, that rent share is the key figure to consider when judging how stretched it would feel.

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 Wyongah a good place to invest?

Accepted Answer

The most notable movement over the past year in Wyongah is house values, which climbed 16.6% — a strong rise. House rents rose 6.7% over the same 12 months, a solid gain, so capital growth for houses outpaced the increase in rental income during the year. If rental income is your priority, the 6.7% rent rise is the figure that matters; if you care about capital growth, the 16.6% value increase is the relevant one. Whether that balance suits your goals and circumstances is for you to decide.

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	16.6%	N/A
Sold Past 3 months	8	N/A
Median days on market Past 12 months	25	N/A
Average rent Past 12 months	$640	N/A
Change in rent Past 12 months	6.7%	N/A

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