Suburb Profile Report for Wentworthville NSW (2145)

Wentworthville House: Median price $1,017,500, Annual capital growth 9.88%, Number of sales 106, Weekly median advertised rent $470

Wentworthville Unit: Median price $599,000, Annual capital growth 8.99%, Number of sales 140, Weekly median advertised rent $440

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

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

YIP MAG Information supplied by:

YIP MAG
August 2015

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Wentworthville, located approximately 25km west of the city, is just a short drive from the centre of ParramattaFull summary

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.

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.

Close
Metrics i HOUSE UNIT
$1,017,500 $599,000
1.75% 0.67%
5.88% 3.28%
9.88% 8.99%
$470 $440
106 140
2.40% 3.82%
71.13 70.05

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Wentworthville NSW
Demographics
Total population 10588
Median household income ($/weekly) 1314
Median age of persons 34
Median housing loan repayment ($/monthly) 2037
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1268 12.0
    25-34 years 2001 18.9
    35-44 years 1604 15.1
    45-54 years 1393 13.2
    55-64 years 966 9.1
    Others 3356 31.7
    Age Group
    Census Count Percent(%)
    Registered Married 4310 54.0
    Not Married 3370 42.2
    Defacto Relationship 304 3.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 4419 44.4
    Croatia 478 4.8
    Indonesia 1843 18.5
    Sri Lanka 744 7.5
    Other 752 7.6
    Others 1714 17.2
    Country of Birth
    Census Count Percent(%)
    Christianity 4940 50.2
    Hinduism 2504 25.5
    Islam 580 5.9
    Other Religious Groups 400 4.1
    No Religion 1073 10.9
    Others 335 3.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 276 8.4
    $600-$799 277 8.4
    $1,000-$1,249 301 9.1
    $1,500-$1,999 472 14.3
    $2,000-$2,499 331 10.1
    Others 1635 49.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3376 42.0
    Not in the labour force 2833 35.2
    Employed, worked part-time 1195 14.9
    Unemployed, looking for work 394 4.9
    Employed, away from work 241 3.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1255 26.1
    Technicians & trades workers 544 11.3
    Community & personal service workers 433 9.0
    Clerical & administrative workers 860 17.9
    Labourers 449 9.3
    Others 1273 26.4
    Occupation
    Census Count Percent(%)
    Pre-school 158 6.2
    Infants/Primary 810 31.7
    Secondary 648 25.4
    Technical or Further Educational Institution 258 10.1
    University or other Tertiary Institutions 540 21.1
    Others 140 5.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6083 60.2
    Semi-detached, row or terrace house, townhouse 2102 20.8
    Flat, unit or apartment 1922 19.0
    House or flat attached to a shop, office 4 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1428 40.4
    Being purchased 1149 32.5
    Fully owned 936 26.5
    Other tenure type 23 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals