Suburb Profile Report for South Wentworthville NSW (2145)

South Wentworthville House: Median price $895,000, Annual capital growth 9.31%, Number of sales 80, Weekly median advertised rent $500

South Wentworthville Unit: Median price $638,000, Annual capital growth 7.60%, Number of sales 25, Weekly median advertised rent $440

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in South Wentworthville, 2145 have given investors a capital gain of 15.48%. This compares favourably with the 11.06% for NSW as a whole.

Across a shorter period, South Wentworthville, 2145 has seen a median price increase of 1.70% over the last quarter.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.22% offered to property buyers. Sellers in South Wentworthville itself are offering an average vendor discount of -6.53% to real estate investors.

With the median price for a house in South Wentworthville being $895000 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 2.91%

Property investors who have had real estate in South Wentworthville, 2145 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 11.93%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in South Wentworthville has increased when compared to the 5 year average annual rate.

LACK OF BUYER INTEREST may well be the reason that South Wentworthville is offering property investors an average of -4.13. This rate of discount on properties puts Suburb at number 261th in terms of most discounted suburbs in NSW

Often selling an investment property can take time, and in South Wentworthville the average time real estate has been on the market is 61.22 days.

Using the current median advertised rental of $440 and the average annual increase in value of a median property of 7.60%, investors should hope to achieve an overall return of 3.59%

Metrics i HOUSE UNIT
$895,000 $638,000
1.70% 3.59%
15.48% 11.93%
9.31% 7.60%
$500 $440
80 25
2.91% 3.59%
65.65 61.22

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
Find a mortgage broker in South Wentworthville NSW
Demographics
Total population 5525
Median household income ($/weekly) 1181
Median age of persons 34
Median housing loan repayment ($/monthly) 2156
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 725 13.1
    25-34 years 892 16.1
    35-44 years 821 14.9
    45-54 years 676 12.2
    55-64 years 568 10.3
    Others 1843 33.4
    Age Group
    Census Count Percent(%)
    Registered Married 2025 49.1
    Not Married 1888 45.8
    Defacto Relationship 212 5.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 3138 59.9
    Indonesia 200 3.8
    Malaysia 382 7.3
    Papua New Guinea 133 2.5
    Other 421 8.0
    Others 964 18.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 89 1.7
    Christianity 3767 72.9
    Hinduism 253 4.9
    Islam 495 9.6
    No Religion 476 9.2
    Others 85 1.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 184 10.8
    $600-$799 160 9.4
    $1,000-$1,249 165 9.7
    $1,500-$1,999 216 12.7
    $2,000-$2,499 167 9.8
    Others 804 47.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1648 39.9
    Not in the labour force 1584 38.3
    Employed, worked part-time 581 14.1
    Unemployed, looking for work 189 4.6
    Employed, away from work 132 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 210 8.9
    Professionals 453 19.2
    Technicians & trades workers 377 15.9
    Clerical & administrative workers 488 20.6
    Machinery operators & drivers 213 9.0
    Others 623 26.4
    Occupation
    Census Count Percent(%)
    Pre-school 102 7.8
    Infants/Primary 437 33.3
    Secondary 385 29.4
    Technical or Further Educational Institution 138 10.5
    University or other Tertiary Institutions 208 15.9
    Others 41 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3861 71.9
    Semi-detached, row or terrace house, townhouse 1473 27.4
    Flat, unit or apartment 30 0.6
    House or flat attached to a shop, office 5 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 638 34.7
    Rented 612 33.3
    Fully owned 581 31.6
    Other tenure type 9 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals