Suburb Profile Report for Westdale NSW (2340)

Westdale House: Median price $315,000, Annual capital growth 2.82%, Number of sales 55, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report

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%.

Metrics i HOUSE UNIT
$315,000 N/A
2.44% N/A
1.61% N/A
2.82% N/A
$340 N/A
55 N/A
5.61% N/A
106.67 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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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
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Recent sales & rentals