Wentworthville has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 1.80% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Wentworthville comes in at number 112th in NSW.
Vendor discounting in Wentworthville is giving property investors an average Vendor Discount of around -6.35%. This puts suburb at number 350th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Wentworthville the average time real estate has been on the market is 64.81 days.
Advertised rents are around the $460 mark per week – giving a return of 2.57% based on the median price in Suburb
Property investors who have had real estate in 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 8.22%
Wentworthville,2145 was ranked 1429 in Australia by increase in median property value over the quarter.
Vendor discounting in Wentworthville is giving property investors an average Vendor Discount of around -5.80%. This puts suburb at number 86th in NSW when ranking the most discounted suburbs.
At number 184 in a list of fastest selling suburbs, Wentworthville is in the TOP 20% of suburbs in Australia with an average of days on market 43.35 for properties listed there.
Situated 22.86km from the CBD, Wentworthville is one of Holroyd localities in the postcode 2145.
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.