Westmead, 2145 ranked 11th in NSW when comparing growth in median property values or capital gain over the last 12 months. Westmead is one of 3163 in our list for NSW
Over the longer term, Westmead has seen property prices show investors a 20.00% return over the last 3 years. This is an improvement over the last 12 months
Vendor discounting in Westmead is giving property investors an average Vendor Discount of around -3.89%. This puts suburb at number 453th in NSW when ranking the most discounted suburbs.
At number 2612 in a list of fastest selling suburbs, Westmead is just in the bottom half of suburbs in Australia with an average of days on market 42.8 for properties listed there.
Westmead, 2145’s gross rental yield is 2.66%
Property investors who have had real estate in Westmead, 2145 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices unmoved in value by 0.00%
Westmead,2145 was ranked 1383 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Westmead are currently offering property investors an average price cut of 0.00% below the asking price at the moment.
The NSW suburb of Westmead, 2145 is in the Parramatta (C) local government area.