Suburb Profile Report for Wetherill Park NSW (2164)

Wetherill Park House: Median price $805,000, Annual capital growth 8.19%, Number of sales 57, Weekly median advertised rent $495

Wetherill Park Unit: Median price $490,000, Annual capital growth 6.95%, Number of sales 17, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Wetherill Park has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.27%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Wetherill Park has increased when compared to the 5 year average annual rate.

Wetherill Park2164 is located in NSW which offers an average discount of -5.53% to property investors. Wetherill Park itself is showing figures that indicate -8.84% is the average achievable by property buyers investing in the suburb.

At number 2576 in a list of fastest selling suburbs, Wetherill Park is in the bottom 40% of suburbs in Australia with an average of days on market 98.48 for properties listed there.

Situated 27.84km from the CBD, Wetherill Park is one of Fairfield localities in the postcode 2164.

Wetherill Park has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 19.37% to date .

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Wetherill Park has increased when compared to the 5 year average annual rate.

LACK OF BUYER INTEREST may well be the reason that Wetherill Park is offering property investors an average of -4.48. This rate of discount on properties puts Suburb at number 27th in terms of most discounted suburbs in NSW

Property investors should expect to get $450 weekly from the median priced house in this suburb.

HOUSE UNIT
$805,000 $490,000
3.21% N/A
10.27% 19.37%
8.19% 6.95%
$495 $450
57 17
3.20% 4.78%
98.48 86

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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