With a capital gain of 19.82% for the last 12 months, Westmead, 2145 has performed for property investments than its average annual 9.60% property growth over the last 5 years.
While Westmead,2145 ranked number 697th in NSW for increase in median house value (annualised) increase, it is ranked 89th over the last 5 years.
Property investors looking for a bargain in Westmead should be aiming for at least -9.82% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $5940 per annum or $495 every week.
Giving property investors a a stable capital gain of 7.59% for the last year, Westmead, 2145 is the 584th highest performer in Australia in this respect.
The five-year average increase in median property values for Westmead,2145 has given property investors a potential capital gain of 49.33% across each of those five years.
Sellers are offering property buyers an average discount of -4.16% to buyers in Westmead at the moment, which is less than average for the rest of NSW.
At number 284 in a list of fastest selling suburbs, Westmead is in the TOP 20% of suburbs in Australia with an average of days on market 49.86 for properties listed there.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 4.18%, without taking into account capital value appreciation, which has been averaging out at 6.03%.