Property investors who have had real estate in Werrington, 2747 should be relatively pleased 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 10.47%
A 91.42% growth in median value for property investors in Werrington,2747 puts this suburb at number 149th in terms of best performing suburbs in NSW
Sellers are offering property buyers an average discount of -4.56% to buyers in Werrington at the moment, which is less than average for the rest of NSW.
Situated 41.59km from the CBD, Werrington is one of Penrith localities in the postcode 2747.
Werrington has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 4.13% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Werrington has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Werrington should be aiming for at least -4.27% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $340 mark per week – giving a return of 4.12% based on the median price in Suburb