Wentworthville, 2145 ranked 1247th in NSW when comparing growth in median property values or capital gain over the last 12 months. Wentworthville is one of 3163 in our list for NSW
If we look at median property appreciation over just the last three months, Wentworthville has given property investors a paper return of -4.60%. This puts Suburb as 1143 on a list of fastest fasting appreciating suburbs in NSW
Vendor discounting in Wentworthville is giving property investors an average Vendor Discount of around -8.77%. This puts suburb at number 167th in NSW when ranking the most discounted suburbs.
Property investors should expect to get $490 weekly from the median priced house in this suburb.
Over the last year, property investments in Wentworthville, 2145 have given investors a capital gain of -1.64%. This compares badly with the 1.50% for NSW as a whole.
Across a shorter period, Wentworthville, 2145 has seen a median price increase of -0.83% over the last quarter.
Wentworthville2145 is located in NSW which offers an average discount of -5.33% to property investors. Wentworthville itself is showing figures that indicate -4.73% is the average achievable by property buyers investing in the suburb.
Wentworthville is 305th on a list of best yielding suburbs for rents in NSW with a 3.90% return
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Information supplied by:
September 2017
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Wentworthville is home to many schools, sports facilities and several parks, making it ideal for families. Units in particular saw a considerable jump in stock (53.2%) compared with 12 months ago, suggesting that there is a desire to promote apartment living.Full summary
Apartments populate amenities hub
Postcode: 2145
Median unit price: $595,000
Stock on market: 53.2%
12-month growth: -0.8%
Given its close proximity to Parramatta, the quaint suburb of “Wenty” is seeing supply rise to address demand. Units in particular saw a considerable jump in stock (53.2%) compared with 12 months ago, suggesting that there is a desire to promote apartment living.
This increase in supply has begun to temper price growth, with the median value falling by 0.8% in the past 12 months leading up to July 2017. Nonetheless, there was some recovery in the June 2017 quarter. This is likely because the suburb is near important amenities like Westmead Hospital, where many aspiring doctors are trained.
Wentworthville is also home to many schools, sports facilities and several parks, making it ideal for families. Two major shopping hubs have been established here as well. The presence of the Wentworthville train station simplifies commuting, even all the way to Sydney.
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