Wentworthville, 2145 ranked 797th 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
Comparing Wentworthville,2145 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Wentworthville, 2145 is offering NSW ‘s 61th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this NSW.
The NSW suburb of Wentworthville, 2145 is in the Cumberland (A) local government area.
Giving property investors a an unimpressive capital gain of 0.87% for the last year, Wentworthville, 2145 is the 1223th highest performer in Australia in this respect.
A -1.69% growth in median value for property investors in Wentworthville,2145 puts this suburb at number 456th in terms of best performing suburbs in NSW
Vendor discounting in Wentworthville is giving property investors an average Vendor Discount of around -3.16%. This puts suburb at number 258th in NSW when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $21320 per annum or $410 every week.
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Information supplied by:
September 2017
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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.