With a capital gain of 17.63% for the last 12 months, Westmead, 2145 has performed for property investments than its average annual 10.64% property growth over the last 5 years.
Comparing Westmead,2145 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Westmead, 2145 is offering NSW ‘s 548th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
On average over the past year, suburb has had 3.50 sales per month, which equates to 42 per year.
A $500 per week rent on the median house gives suburb investors a gross yield of circa 1.96%, without taking into account capital value appreciation, which has been averaging out at 10.64%.
Investment property in Westmead 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 1.17%
While Westmead,2145 ranked number 318th in NSW for increase in median house value (annualised) increase, it is ranked 224th over the last 5 years.
At number 270th of NSW’s most discounted properties, Westmead is in the middle of the state/territory when listing in order of most discounted to least.
Residents and property investors in Westmead have been waiting around 59.26 days to sell a property.
A $460 per week rent on the median house gives suburb investors a gross yield of circa 4.26%, without taking into account capital value appreciation, which has been averaging out at 6.17%.