NSW has seen average median house prices change by 9.74% which means that Wetherill Park, 2164 has done well for property investors by showing a capital gain of 4.70% over the last year
Across a shorter period, Wetherill Park, 2164 has seen a median price increase of 0.31% over the last quarter.
Property investors looking for a bargain in Wetherill Park should be aiming for at least -10.30% off the asking price, which is the average vendor discount being achieved at the moment.
A $500 per week rent on the median house gives suburb investors a gross yield of circa 3.24%, without taking into account capital value appreciation, which has been averaging out at 8.53%.
With a capital gain of 6.25% for the last 12 months, Wetherill Park, 2164 has performed for property investments than its average annual 8.21% property growth over the last 5 years.
Comparing Wetherill Park,2164 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Using the current median advertised rental of $440 and the average annual increase in value of a median property of 8.21%, investors should hope to achieve an overall return of 4.49%