With a capital gain of -1.43% for the last 12 months, Wentworthville, 2145 has performed for property investments than its average annual 9.15% property growth over the last 5 years.
Wentworthville,2145 was ranked 786 in Australia by increase in median property value over the quarter.
The most recent median price for Wentworthville is $950000, with sellers offering an average of -5.75% off the asking price.
At number 913 in a list of fastest selling suburbs, Wentworthville is in the TOP 30% of suburbs in Australia with an average of days on market 60.64 for properties listed there.
Over the last year, property investments in Wentworthville, 2145 have given investors a capital gain of -0.42%. This compares badly with the 5.73% for NSW as a whole.
If we look at median property appreciation over just the last three months, Wentworthville has given property investors a paper return of -0.42%. This puts Suburb as 412 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Wentworthville should be aiming for at least -5.63% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 131 properties changed hands in Wentworthville, which puts it as the 112th most active market in NSW when comparing the number of sales per suburb.
Wentworthville, 2145’s gross rental yield is 3.89%
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.