Suburb Profile Report for Wetherill Park NSW (2164)

Wetherill Park House: Median price $805,000, Annual capital growth 8.44%, Number of sales 59, Weekly median advertised rent $488

Wetherill Park Unit: Median price $516,000, Annual capital growth 8.12%, Number of sales 15, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report
  • Unit Report

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

Metrics i HOUSE UNIT
$805,000 $516,000
0.63% N/A
5.92% 9.55%
8.44% 8.12%
$488 $450
59 15
3.15% 4.53%
76.76 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
Find a mortgage broker in Wetherill Park NSW
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
Chart Table
Recent sales & rentals