Property investors who have had real estate in Westdale, 2340 should be relatively unhappy 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 1.61%
Westdale,2340 has offered an average of 1.61% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Westdale are currently offering property investors an average price cut of -5.22% below the asking price at the moment.
At number 2820 in a list of fastest selling suburbs, Westdale is in the bottom 30% of suburbs in Australia with an average of days on market 106.67 for properties listed there.
A $340 per week rent on the median house gives suburb investors a gross yield of circa 5.61%, without taking into account capital value appreciation, which has been averaging out at 2.82%.