Suburb Profile Report for Werrington NSW (2747)

Werrington House: Median price $623,000, Annual capital growth 8.12%, Number of sales 33, Weekly median advertised rent $410

Werrington Unit: Median price $420,000, Annual capital growth 6.73%, Number of sales 68, Weekly median advertised rent $345

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Werrington, 2747 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 11.26%.

While Werrington,2747 ranked number 160th in NSW for increase in median house value (annualised) increase, it is ranked 27th over the last 5 years.

Sellers are offering property buyers an average discount of -4.24% to buyers in Werrington at the moment, which is less than average for the rest of NSW.

Residents and property investors in Werrington have been waiting around 53.65 days to sell a property.

Property investors should expect to get $410 weekly from the median priced house in this suburb.

At number 885th in the list of Australian suburbs ordered by increase in median house value over the last year, Werrington, 2747 is in the BOTTOM 50% with a property value increase of 2.44% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Werrington,2747 has racked up an average of 2.44% over the period. This ranks it number 161th in the whole country for real estate investors looking at median house price increases.

Vendor discounting in Werrington is giving property investors an average Vendor Discount of around -4.03%. This puts suburb at number 268th in NSW when ranking the most discounted suburbs.

Using the current median advertised rental of $345 and the average annual increase in value of a median property of 6.73%, investors should hope to achieve an overall return of 4.27%

HOUSE UNIT
$623,000 $420,000
6.95% 0.00%
11.26% 2.44%
8.12% 6.73%
$410 $345
33 68
3.42% 4.27%
53.65 45.34

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
Find a mortgage broker in Werrington NSW
Demographics
Total population 3848
Median household income ($/weekly) 1078
Median age of persons 32
Median housing loan repayment ($/monthly) 1610
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 456 11.8
    25-34 years 713 18.5
    35-44 years 531 13.8
    45-54 years 462 12.0
    55-64 years 445 11.6
    Others 1242 32.3
    Age Group
    Census Count Percent(%)
    Not Married 1339 48.6
    Registered Married 1134 41.2
    Defacto Relationship 280 10.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2600 72.4
    Papua New Guinea 96 2.7
    Philippines 104 2.9
    United Kingdom 163 4.5
    Other 296 8.2
    Others 332 9.2
    Country of Birth
    Census Count Percent(%)
    Christianity 2512 71.2
    Hinduism 164 4.6
    Islam 116 3.3
    Other Religious Groups 77 2.2
    No Religion 646 18.3
    Others 15 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 157 11.9
    $600-$799 159 12.1
    $1,000-$1,249 160 12.1
    $1,500-$1,999 191 14.5
    $2,000-$2,499 128 9.7
    Others 524 39.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1189 42.1
    Not in the labour force 947 33.5
    Employed, worked part-time 443 15.7
    Unemployed, looking for work 144 5.1
    Employed, away from work 102 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 240 13.9
    Technicians & trades workers 251 14.5
    Clerical & administrative workers 340 19.6
    Machinery operators & drivers 226 13.0
    Labourers 189 10.9
    Others 486 28.1
    Occupation
    Census Count Percent(%)
    Pre-school 85 9.6
    Infants/Primary 303 34.1
    Secondary 216 24.3
    Technical or Further Educational Institution 129 14.5
    University or other Tertiary Institutions 124 14.0
    Others 31 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1975 54.6
    Semi-detached, row or terrace house, townhouse 1167 32.3
    Flat, unit or apartment 468 12.9
    House or flat attached to a shop, office 5 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 603 43.0
    Being purchased 511 36.4
    Fully owned 284 20.2
    Other tenure type 5 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals