At number 4214th in the list of Australian suburbs ordered by increase in median house value over the last year, Westmead, 2145 is in the BOTTOM 10% with a property value increase of -12.23% recorded in median house prices.
If we look at median property appreciation over just the last three months, Westmead has given property investors a paper return of -0.61%. This puts Suburb as 866 on a list of fastest fasting appreciating suburbs in NSW
Westmead, 2145 is offering NSW ‘s 52th 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.
Residents and property investors in Westmead have been waiting around 83.57 days to sell a property.
A $500 per week rent on the median house gives suburb investors a gross yield of circa 2.13%, without taking into account capital value appreciation, which has been averaging out at 9.88%.
With a capital gain of 0.00% for the last 12 months, Westmead, 2145 has performed for property investments than its average annual 6.37% property growth over the last 5 years.
Westmead,2145 has offered an average of 0.00% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -7.21% to buyers in Westmead at the moment, which is less than average for the rest of NSW.