South Wentworthville is in the TOP 30% in NSW when comparing median price capital growth over the last year. South Wentworthville gave property investors a good capital gain figure when compared to the rest of the state, with 15.64%.
While South Wentworthville,2145 ranked number 858th in NSW for increase in median house value (annualised) increase, it is ranked 209th over the last 5 years.
Sellers are offering property buyers an average discount of -7.50% to buyers in South Wentworthville at the moment, which is less than average for the rest of NSW.
In the last year 77 properties changed hands in South Wentworthville, which puts it as the 422th most active market in NSW when comparing the number of sales per suburb.
A $500 per week rent on the median house gives suburb investors a gross yield of circa 2.95%, without taking into account capital value appreciation, which has been averaging out at 9.12%.
With a capital gain of 8.42% for the last 12 months, South Wentworthville, 2145 has performed for property investments than its average annual 7.31% property growth over the last 5 years.
Across a shorter period, South Wentworthville, 2145 has seen a median price increase of 8.90% over the last quarter.
At number 81th of NSW’s most discounted properties, South Wentworthville is in the bottom 20% of the state/territory when listing in order of most discounted to least.
In the last year 32 properties changed hands in South Wentworthville, which puts it as the 364th most active market in NSW when comparing the number of sales per suburb.
Property investors should expect to get $450 weekly from the median priced house in this suburb.