Westmead, 2145 ranked 246th in NSW when comparing growth in median property values or capital gain over the last 12 months. Westmead is one of 3163 in our list for NSW
Westmead,2145 has offered an average of 15.09% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Westmead is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 547th in terms of most discounted suburbs in NSW
With the median price for a house in Westmead being $1350000 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 1.93%
At number 1048th in the list of Australian suburbs ordered by increase in median house value over the last year, Westmead, 2145 is in the BOTTOM 50% with a property value increase of 0.36% recorded in median house prices.
Westmead,2145 was ranked 848 in Australia by increase in median property value over the quarter.
Westmead2145 is located in NSW which offers an average discount of -4.41% to property investors. Westmead itself is showing figures that indicate -4.08% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $460 and the average annual increase in value of a median property of 6.16%, investors should hope to achieve an overall return of 4.26%