If you compare the increase in value of investment property in Wetherill Park, 2164 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 5.59%.
Over the longer term, Wetherill Park has seen property prices show investors a 50.70% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Wetherill Park is offering property investors an average of -5.45. This rate of discount on properties puts Suburb at number 46th in terms of most discounted suburbs in NSW
On average over the past year, suburb has had 4.92 sales per month, which equates to 59 per year.
Property value increases in Wetherill Park have tracked close to the NSW average of 6.22% over the last 12 months.
Across a shorter period, Wetherill Park, 2164 has seen a median price increase of -1.16% over the last quarter.
With the median price for a house in Wetherill Park being $510000 and the advertised rent reaching $445 the gross rental yield for property investors calculates out to be 4.54%