Investment property in Wentworthville has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.88%
Comparing Wentworthville,2145 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -7.23% to buyers in Wentworthville at the moment, which is less than average for the rest of NSW.
Situated 22.11km from the CBD, Wentworthville is one of Holroyd localities in the postcode 2145.
NSW has seen average median house prices change by 7.74% which means that Wentworthville, 2145 has done well for property investors by showing a capital gain of 3.28% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Wentworthville has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Wentworthville are currently offering property investors an average price cut of -4.77% below the asking price at the moment.
Wentworthville is 340th on a list of best yielding suburbs for rents in NSW with a 3.82% return
Wentworthville, located approximately 25km west of the city, is just a short drive from the centre of ParramattaFull summary
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Wentworthville, located approximately 25km west of the city, is just a short drive from the centre of Parramatta.
Wentworthville train station allows easy access into the rest of the city, while the Western Motorway, which links Western Sydney to both the CBD and the New South Wales interior, passes through the southern section of the suburb.
Like many suburbs within the Sydney metro area, property prices surged strongly during the past 12 months. According to the CoreLogic RP Data figures, median house price soared 32% during the past year.
During the past three months alone, median house price grew by another 7% as desperate buyers continue to storm the market.
Amenities include two shopping precincts, one of which extends into Parramatta itself.Close
lthough scaled down somewhat from early years, the area is also home to an assortment of factory outlet stores – making it a popular destination for bargain hunters.