Property investors who have had real estate in Wetherill Park, 2164 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.92%
While Wetherill Park,2164 ranked number 1024th in NSW for increase in median house value (annualised) increase, it is ranked 311th over the last 5 years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Wetherill Park itself are offering an average vendor discount of -10.44% to real estate investors.
Property investors should expect to get $487.5 weekly from the median priced house in this suburb.
Over the last year, property investments in Wetherill Park, 2164 have given investors a capital gain of 9.55%. This compares favourably with the 6.07% for NSW as a whole.
On average over the past year, suburb has had 1.25 sales per month, which equates to 15 per year.
Advertised rents are around the $450 mark per week – giving a return of 4.53% based on the median price in Suburb