Wickham Real Estate Suburb Profile 2018

Wickham, NSW, 2300

About Wickham

Wickham is in a state of urban renewal as the new transport interchange hub for Newcastle. With easy access to Newcastle Harbour, plus the foreshore to explore, Wickham is perfect for those seeking an active lifestyle. 3 km from the CBD, Wickham is bordered by Maryville to the north, Throsby Creek to the east, Hamilton East to the south and Islington to the west.

Home to just over 1,000 people, Wickham is a mix of houses, terraces, townhouses and units. The rental market makes up 54% of properties in the suburb, with 36% of residents under 35, mainly young professionals and students. Older and established couples are also drawn to the convenient location and outdoor lifestyle of Wickham, representing 21% of the population.

In Wickham, houses have an average long term growth of 10.13%, far stronger than the unit growth rate of 3.63%. However, units provide a better rental investment, with a median rental yield of 4.75%, outperforming houses on 3.08%. Given Wickham’s enviable proximity to the CBD, transport interchange and the harbour, growth is expected to continue in future.

Wickham Real Estate Data

Median house price - $760,000

Median unit price - $525,000

Median weekly house rental price - $450

Median weekly unit price - $480

Median house rental yield - 3.08%

Median unit rental yield - 4.75%

12 month growth (houses) - 12.68%

12 month growth (units) - -3.22%

Average long-term growth (houses) - 10.13%

Averaged long-term growth (units) - 3.63%

 

Tips for Selling Real Estate in Wickham

Highlight the active lifestyle of the suburb

When selling property in Wickham, highlight the benefits of the active lifestyle, which is one of the main drawcards of this waterfront suburb. Leave hints throughout the house of the activities potential buyers could enjoy. Hang a kayak in the garage, lean a bike against the front entrance and proudly display running shoes in the doorway. To maximise the price for your home, sell the active lifestyle that makes Wickham such a desirable place to live.

Declutter to maximise space & create a cool and modern feel

Like many inner city suburbs, space is at a premium in Wickham. To maximise space in your property, declutter your home before you place it on the market. Put excess and bulky furniture into storage and replace them with more modern, streamlined pieces, to create the illusion of more space. Make it easy for potential purchasers to see how they could live in your home by removing the clutter and freeing up more room to live.

Define space for relaxation

After a day of water sports and outdoor activity in Wickham, show potential buyers where they could relax and chill out. Divide living areas into zones to make best use of the space. Add beans bags, comfy chairs or a daybed to create a cosy nook for relaxation. In older homes, take advantage of bay windows to make a reading space, ready for the new owners to enjoy. Define a space for relaxation to help buyers see how they could live in your property.

Wickham Schools

Public	Catholic	Independent
Tighes Hill PS Callaghan College Waratah Technology Campus (7-10) Callaghan College Jesmond Campus (11-12)	St Peter’s Stockton St Joseph’s Merewether Holy Family Merewether San Clemente (7-10) St Francis Xavier (11-12)	Newcastle Grammar School St Philip’s Christian College Hunter Christian School

Wickham Services

Medical	Clubs	Pubs
Hamilton Doctors Hunter St Medical Centre Marketown Health Denison Practice	Newcastle Cruising Yacht Club Croatian Wickham Sports Club	Albion Hotel Lass O’Gowrie Hotel Wickham Park Hotel

 

Landmarks	Parks	Supermarkets
Newcastle Transport Interchange Wickham Beach Throsby Creek	Wickham Park	Marketown Shopping Centre