NSW has seen average median house prices change by 7.47% which means that Wentworthville, 2145 has done well for property investors by showing a capital gain of -0.28% 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.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Wentworthville itself are offering an average vendor discount of -6.24% to real estate investors.
Advertised rents are around the $470 mark per week – giving a return of 2.53% based on the median price in Suburb
With a capital gain of -1.68% for the last 12 months, Wentworthville, 2145 has performed for property investments than its average annual 8.69% property growth over the last 5 years.
Wentworthville,2145 was ranked 1178 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Wentworthville is offering property investors an average of -4.41. This rate of discount on properties puts Suburb at number 123th in terms of most discounted suburbs in NSW
The NSW suburb of Wentworthville, 2145 is in the Holroyd local government area.
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.