Werrington is an average performer in NSW when comparing median price capital growth over the last year. Werrington gave property investors a good capital gain figure when compared to the rest of the state, with 9.78%.
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 -4.32% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Werrington have been waiting around 53.88 days to sell a property.
Advertised rents are around the $400 mark per week – giving a return of 3.34% based on the median price in Suburb
Giving property investors a an average capital gain of 2.44% for the last year, Werrington, 2747 is the 873th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Werrington has given property investors a paper return of 0.00%. This puts Suburb as 379 on a list of fastest fasting appreciating suburbs in NSW
Property buyers and investors in Werrington 2747 should be seeing an average reduction in asking price of around -4.17% . This means that Werrington is holding prices well when compared to other suburbs in NSW.
A $340 per week rent on the median house gives suburb investors a gross yield of circa 4.21%, without taking into account capital value appreciation, which has been averaging out at 6.66%.