At number 2368th in the list of Australian suburbs ordered by increase in median house value over the last year, Westmead, 2145 is in the BOTTOM 50% with a property value increase of 11.38% recorded in median house prices.
Westmead,2145 has offered an average of 11.38% return per annum in house price rises to property investors over the last three years.
In the last year 38 properties changed hands in Westmead, which puts it as the 894th most active market in NSW when comparing the number of sales per suburb.
A $500 per week rent on the median house gives suburb investors a gross yield of circa 1.78%, without taking into account capital value appreciation, which has been averaging out at 8.89%.
Giving property investors a a poor capital gain of -2.65% for the last year, Westmead, 2145 is the 1395th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Westmead comes in at number 509th in NSW.
Property buyers and investors in Westmead 2145 should be seeing an average reduction in asking price of around -4.49% . This means that Westmead is holding prices well when compared to other suburbs in NSW.
Advertised rents are around the $400 mark per week – giving a return of 3.78% based on the median price in Suburb