Property value increases in Wentworthville have tracked just lower than the NSW average of 9.74% over the last 12 months.
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.
Sellers are offering property buyers an average discount of -6.85% to buyers in Wentworthville at the moment, which is less than average for the rest of NSW.
At number 1358 in a list of fastest selling suburbs, Wentworthville is in the TOP 40% of suburbs in Australia with an average of days on market 66.92 for properties listed there.
Renters in Suburb are facing rents around $5640 per annum or $470 every week.
NSW has seen average median house prices change by 6.96% which means that Wentworthville, 2145 has done well for property investors by showing a capital gain of -0.17% over the last year
If we look at median property appreciation over just the last three months, Wentworthville has given property investors a paper return of 0.85%. This puts Suburb as 354 on a list of fastest fasting appreciating suburbs in NSW
At number 125th of NSW’s most discounted properties, Wentworthville is in the bottom 30% of the state/territory when listing in order of most discounted to least.
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.