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 19.31%.
Across a shorter period, Werrington, 2747 has seen a median price increase of 4.20% over the last quarter.
Werrington2747 is located in NSW which offers an average discount of -5.22% to property investors. Werrington itself is showing figures that indicate -5.09% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 9.90%, investors should hope to achieve an overall return of 2.99%
Over the last year, property investments in Werrington, 2747 have given investors a capital gain of 4.17%. This compares badly with the 8.63% for NSW as a whole.
Comparing Werrington,2747 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Werrington are currently offering property investors an average price cut of -5.72% below the asking price at the moment.
Often selling an investment property can take time, and in Werrington the average time real estate has been on the market is 44.1 days.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 4.16%, without taking into account capital value appreciation, which has been averaging out at 7.84%.