Suburb Profile Report for Westdale NSW (2340)

Westdale House: Median price $317,500, Annual capital growth 2.79%, Number of sales 52, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Westdale, 2340 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was 1.60%.

If we look at median property appreciation over just the last three months, Westdale has given property investors a paper return of 0.00%. This puts Suburb as 1000 on a list of fastest fasting appreciating suburbs in NSW

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 Westdale itself are offering an average vendor discount of -4.87% to real estate investors.

On average over the past year, suburb has had 4.33 sales per month, which equates to 52 per year.

Using the current median advertised rental of $340 and the average annual increase in value of a median property of 2.79%, investors should hope to achieve an overall return of 5.57%

HOUSE UNIT
$317,500 N/A
0.00% N/A
1.60% N/A
2.79% N/A
$340 N/A
52 N/A
5.57% N/A
105.44 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 2285
Median household income ($/weekly) 1230
Median age of persons 28
Median housing loan repayment ($/monthly) 1625
Average household size 2.9
  • Census Count Percent(%)
    0-4 years 249 10.9
    5-14 years 358 15.7
    25-34 years 402 17.6
    35-44 years 277 12.1
    45-54 years 260 11.4
    Others 739 32.3
    Age Group
    Census Count Percent(%)
    Registered Married 736 49.2
    Not Married 523 34.9
    Defacto Relationship 238 15.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2061 94.8
    Papua New Guinea 20 0.9
    Philippines 19 0.9
    United Kingdom 22 1.0
    Other 20 0.9
    Others 33 1.5
    Country of Birth
    Census Count Percent(%)
    Christianity 1758 83.2
    No Religion 342 16.2
    Hinduism 8 0.4
    Buddhism 3 0.1
    Australian Aboriginal Traditional Religions 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 73 11.0
    $800-$999 68 10.2
    $1,000-$1,249 83 12.5
    $1,250-$1,499 81 12.2
    $1,500-$1,999 134 20.2
    Others 225 33.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 734 45.8
    Not in the labour force 421 26.3
    Employed, worked part-time 299 18.7
    Employed, away from work 83 5.2
    Unemployed, looking for work 65 4.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 137 12.3
    Technicians & trades workers 184 16.5
    Clerical & administrative workers 141 12.6
    Sales 125 11.2
    Labourers 217 19.4
    Others 312 28.0
    Occupation
    Census Count Percent(%)
    Pre-school 64 11.0
    Infants/Primary 232 39.8
    Secondary 151 25.9
    Technical or Further Educational Institution 72 12.3
    University or other Tertiary Institutions 41 7.0
    Others 23 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2134 99.7
    Caravan, cabin, houseboat 4 0.2
    Flat, unit or apartment 3 0.1
    Semi-detached, row or terrace house, townhouse 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 373 51.7
    Rented 217 30.1
    Fully owned 129 17.9
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals