Suburb Profile Report for Werrington NSW (2747)

Werrington House: Median price $695,000, Annual capital growth 9.90%, Number of sales 57, Weekly median advertised rent $400

Werrington Unit: Median price $437,500, Annual capital growth 7.84%, Number of sales 59, Weekly median advertised rent $350

  • 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 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%.

Metrics i HOUSE UNIT
$695,000 $437,500
4.20% 1.74%
19.31% 4.17%
9.90% 7.84%
$400 $350
57 59
2.99% 4.16%
51.15 44.1

Source: CoreLogic

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