Property value increases in Werrington have tracked just higher than the NSW average of 9.74% over the last 12 months.
If we look at median property appreciation over just the last three months, Werrington has given property investors a paper return of 4.49%. This puts Suburb as 462 on a list of fastest fasting appreciating suburbs in NSW
LACK OF BUYER INTEREST may well be the reason that Werrington is offering property investors an average of -5.35. This rate of discount on properties puts Suburb at number 432th in terms of most discounted suburbs in NSW
On average over the past year, suburb has had 4.75 sales per month, which equates to 57 per year.
Property investors should expect to get $400 weekly from the median priced house in this suburb.
If you compare the increase in value of investment property in Werrington, 2747 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 1.18%.
While Werrington,2747 ranked number 398th in NSW for increase in median house value (annualised) increase, it is ranked 125th over the last 5 years.
Property buyers and investors in Werrington 2747 should be seeing an average reduction in asking price of around -5.35% . This means that Werrington is holding prices well when compared to other suburbs in NSW.