Property value increases in Wentworthville have tracked just higher than the NSW average of 10.58% over the last 12 months.
Wentworthville,2145 was ranked 1419 in Australia by increase in median property value over the quarter.
Property buyers and investors in Wentworthville 2145 should be seeing an average reduction in asking price of around -7.88% . This means that Wentworthville is holding prices well when compared to other suburbs in NSW.
Residents and property investors in Wentworthville have been waiting around 70.69 days to sell a property.
Wentworthville, 2145’s gross rental yield is 2.30%
Investment property in Wentworthville has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.59%
Across a shorter period, Wentworthville, 2145 has seen a median price increase of 0.00% over the last quarter.
Vendor discounting in Wentworthville is giving property investors an average Vendor Discount of around -4.21%. This puts suburb at number 227th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Wentworthville the average time real estate has been on the market is 78.89 days.
Property investors should expect to get $450 weekly from the median priced house in this suburb.
Wentworthville, located approximately 25km west of the city, is just a short drive from the centre of ParramattaFull summary
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Wentworthville, located approximately 25km west of the city, is just a short drive from the centre of Parramatta.
Wentworthville train station allows easy access into the rest of the city, while the Western Motorway, which links Western Sydney to both the CBD and the New South Wales interior, passes through the southern section of the suburb.
Like many suburbs within the Sydney metro area, property prices surged strongly during the past 12 months. According to the CoreLogic RP Data figures, median house price soared 32% during the past year.
During the past three months alone, median house price grew by another 7% as desperate buyers continue to storm the market.
Amenities include two shopping precincts, one of which extends into Parramatta itself.Close
lthough scaled down somewhat from early years, the area is also home to an assortment of factory outlet stores – making it a popular destination for bargain hunters.