Wickham is located just 2.5km to the Newcastle CBD. Think of Wickham as the Surry Hills of Newcastle. Long ago the working-class western suburb of Newcastle today Wickham, located only 7 minutes from the city, is very much one the trendy hipster areas of modern Newcastle.
Dwelling types are pretty evenly split in Wickham with a variety of older & newer semi-detached dwellings, Units and Houses. 36% of dwellings in the area are houses. 27% semi-detached 19% are Units, and 18% other/commercial. Age mix for the area skews young of course with 0 to 29 yo 40%, 30 to 49 yo is 28%, 50 & above is 29%.
According to Residex, Wickham experienced market growth of around 25.6% from March 2015 to February 2020. Homebuyers like Wickham for its central location to the city. Investors like it for its consistent growth and its future potential.
Newcastle provides a wide variety of options for home buyers and investors. If you’re looking for a place that’s easy to make things work for everyday activities (stress free)- work, leisure, after school activities, clean beaches, nice daycares that are easily accessible, and still free parking around some of the best beaches in NSW or Australia and into discovering all the new cafe’s dotted in almost every suburb ( Adamstown, Broadmeadow, Merewether, Junction, Barbeach/ Cookshill) then Newcastle or “Newy” is the city for you.
The area is also well served for amenities: there are a wide range of cafés and restaurants on Beaumont and Darby streets but if you want something by the water try Honeysuckle. For shopping only 12 minutes from the city is Westfield Kotara which is also served with its own train station. The local “Civic Theatre” attracts all kinds of touring acts and shows like National Comedian Jimoin. Wickham has the inland harbour and the foreshore right at its doorstep.
King Edward Park is a large park overlooking the city and Pacific Ocean. Take a walk from Honeysuckle along the foreshore all the way along the break wall past the Nobby’s Lighthouse. Newcastle also has its own state reserve named “Blackbutt Reserve” after the trees that grow there.
Newcastle boasts some of the most well serviced schools in the state with also many private and Catholic options. The Junction Primary is locally renowned for its terrific culture and Newcastle Grammar has quiet prestigious reputation. Newcastle also boasts two selective state schools with The Hunter School of Performing Arts having produced some high-quality professional talent and Merewether High being Newcastle’s equivalent of James Ruse.
Price growth in recent years has been big in Wickham with prices increasing 33.2% in the five years to now for houses and 18% for units. Residex notes that 1.19% of properties in the suburb are currently on the market with an average time of 52 days on the market.
Residex notes the median house price now sits at around $697,500 for houses. The median unit price is $671,500 in Wickham.
Kevin Mason is our local expert Buyers' Agent in the area. With exceptional local knowledge, Kevin is the best buyers' advocate to have on your side searching for a property in Wickham, please call us on 1300 655 615, email us, or send us your buyers wishlist today by clicking here. If you would like to know the latest median values and statistics for Wickham, call us today on 1300 655 615.
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