Suburb Profile Report for Wetherill Park NSW (2164)

Wetherill Park House: Median price $800,000, Annual capital growth 8.21%, Number of sales 59, Weekly median advertised rent $490

Wetherill Park Unit: Median price $516,000, Annual capital growth 5.00%, Number of sales 19, Weekly median advertised rent $445

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Wetherill Park have tracked close to the NSW average of 6.87% over the last 12 months.

Across a shorter period, Wetherill Park, 2164 has seen a median price increase of -0.93% over the last quarter.

Our latest figures would indicate that property sellers in Wetherill Park are currently offering property investors an average price cut of -8.34% below the asking price at the moment.

Renters in Suburb are facing rents around $5880 per annum or $490 every week.

If you compare the increase in value of investment property in Wetherill Park, 2164 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 21.13%.

While Wetherill Park,2164 ranked number 95th in NSW for increase in median house value (annualised) increase, it is ranked 123th over the last 5 years.

The most recent median price for Wetherill Park is $516000, with sellers offering an average of -6.98% off the asking price.

At number 830 in a list of fastest selling suburbs, Wetherill Park is just in the bottom half of suburbs in Australia with an average of days on market 82.9 for properties listed there.

The NSW suburb of Wetherill Park, 2164 is in the Fairfield local government area.

HOUSE UNIT
$800,000 $516,000
-0.93% 5.31%
6.67% 21.13%
8.21% 5.00%
$490 $445
59 19
3.19% 4.48%
92.04 82.9

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 6025
Median household income ($/weekly) 1309
Median age of persons 38
Median housing loan repayment ($/monthly) 1842
Average household size 3.2
  • Census Count Percent(%)
    5-14 years 671 11.1
    25-34 years 820 13.6
    35-44 years 703 11.7
    45-54 years 865 14.4
    55-64 years 968 16.1
    Others 1998 33.2
    Age Group
    Census Count Percent(%)
    Registered Married 2595 54.3
    Not Married 2018 42.2
    Defacto Relationship 168 3.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2862 49.6
    Ireland 482 8.4
    Japan 271 4.7
    Viet Nam 190 3.3
    Other 758 13.1
    Others 1205 20.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 378 6.6
    Christianity 4609 80.6
    Hinduism 73 1.3
    Islam 251 4.4
    No Religion 367 6.4
    Others 40 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 171 10.7
    $800-$999 143 8.9
    $1,000-$1,249 171 10.7
    $1,500-$1,999 224 14.0
    $2,000-$2,499 179 11.2
    Others 714 44.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1928 39.9
    Employed, worked full-time 1810 37.5
    Employed, worked part-time 716 14.8
    Unemployed, looking for work 190 3.9
    Employed, away from work 186 3.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 380 14.0
    Technicians & trades workers 440 16.2
    Clerical & administrative workers 493 18.2
    Machinery operators & drivers 284 10.5
    Labourers 298 11.0
    Others 817 30.1
    Occupation
    Census Count Percent(%)
    Pre-school 92 6.7
    Infants/Primary 409 30.0
    Secondary 423 31.0
    Technical or Further Educational Institution 163 11.9
    University or other Tertiary Institutions 242 17.7
    Others 36 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5427 93.3
    Semi-detached, row or terrace house, townhouse 377 6.5
    House or flat attached to a shop, office 9 0.2
    Flat, unit or apartment 4 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 773 43.6
    Being purchased 656 37.0
    Rented 332 18.7
    Other tenure type 10 0.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals