Suburb Profile Report for Wentworthville NSW (2145)

Wentworthville House: Median price $920,000, Annual capital growth 8.51%, Number of sales 106, Weekly median advertised rent $493

Wentworthville Unit: Median price $590,000, Annual capital growth 8.10%, Number of sales 169, Weekly median advertised rent $450

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: Monthly data update for Jun 2019 as supplied by CoreLogic. Data is reported to the period ending Mar 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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If you compare the increase in value of investment property in Wentworthville, 2145 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -12.80%.

Wentworthville,2145 has offered an average of -12.80% return per annum in house price rises to property investors over the last three years.

Sellers are offering property buyers an average discount of -12.78% to buyers in Wentworthville at the moment, which is less than average for the rest of NSW.

Residents and property investors in Wentworthville have been waiting around 78.8788 days to sell a property.

Property investors should expect to get $492.5 weekly from the median priced house in this suburb.

Giving property investors a an average capital gain of -1.67% for the last year, Wentworthville, 2145 is the 803th highest performer in Australia in this respect.

Over the longer term, Wentworthville has seen property prices show investors a -0.51% return over the last 3 years. This is worse than over the last 12 months

At number 238th of NSW’s most discounted properties, Wentworthville is in the TOP 40% of the state/territory when listing in order of most discounted to least.

Residents and property investors in Wentworthville have been waiting around 60.9846 days to sell a property.

Advertised rents are around the $450 mark per week – giving a return of 3.97% based on the median price in Suburb

Information supplied by:


September 2017

M
O

W
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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.

Metrics i HOUSE UNIT
$920,000 $590,000
-3.74% -1.34%
-12.80% -1.67%
8.51% 8.10%
$493 $450
106 169
2.78% 3.97%
78.878784 60.984615

Source: Monthly data update for Jun 2019 as supplied by CoreLogic. Data is reported to the period ending Mar 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 10588
Median household income ($/weekly) 1314
Median age of persons 34
Median housing loan repayment ($/monthly) 2037
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1268 12.0
    25-34 years 2001 18.9
    35-44 years 1604 15.1
    45-54 years 1393 13.2
    55-64 years 966 9.1
    Others 3356 31.7
    Age Group
    Census Count Percent(%)
    Registered Married 4310 54.0
    Not Married 3370 42.2
    Defacto Relationship 304 3.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 4419 44.4
    Croatia 478 4.8
    Indonesia 1843 18.5
    Sri Lanka 744 7.5
    Other 752 7.6
    Others 1714 17.2
    Country of Birth
    Census Count Percent(%)
    Christianity 4940 50.2
    Hinduism 2504 25.5
    Islam 580 5.9
    Other Religious Groups 400 4.1
    No Religion 1073 10.9
    Others 335 3.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 276 8.4
    $600-$799 277 8.4
    $1,000-$1,249 301 9.1
    $1,500-$1,999 472 14.3
    $2,000-$2,499 331 10.1
    Others 1635 49.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3376 42.0
    Not in the labour force 2833 35.2
    Employed, worked part-time 1195 14.9
    Unemployed, looking for work 394 4.9
    Employed, away from work 241 3.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1255 26.1
    Technicians & trades workers 544 11.3
    Community & personal service workers 433 9.0
    Clerical & administrative workers 860 17.9
    Labourers 449 9.3
    Others 1273 26.4
    Occupation
    Census Count Percent(%)
    Pre-school 158 6.2
    Infants/Primary 810 31.7
    Secondary 648 25.4
    Technical or Further Educational Institution 258 10.1
    University or other Tertiary Institutions 540 21.1
    Others 140 5.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6083 60.2
    Semi-detached, row or terrace house, townhouse 2102 20.8
    Flat, unit or apartment 1922 19.0
    House or flat attached to a shop, office 4 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1428 40.4
    Being purchased 1149 32.5
    Fully owned 936 26.5
    Other tenure type 23 0.7
    Tenure Type
Census 2011, ABS
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