Wyong is the quickest path to FHB purchasing in Greater Sydney: Domain

Wyong is the quickest path to FHB purchasing in Greater Sydney: Domain
Staff reporterDecember 7, 2020

According to Domain's latest first home buyer report, the most expedient path to purchase for first home buyers in Greater Sydney is purchasing at Wyong. 

The report states for first home buyers looking to purchase in Greater Sydney, there are a variety of options depending on budget and lifestyle priorities, "but the average time of saving required to purchase a house in Greater Sydney is 6.7 years" 

"For buyers who want a quick entry to market, areas like Wyong on the Central Coast offer a relatively low entry price at $483,000, and the time to save a 20 per cent deposit of 4.7 years." 

An example of a house selling at this price point is 6 Harvey St Wyong, (pictured below) which sold for 465,000 on the fourth of June this year.

Wyong is the quickest path to FHB purchasing in Greater Sydney: Domain

Wyong is also the location to buy the cheapest apartment apartments on offer.

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