Over the last year, property investments in Westmead, 2145 have given investors a capital gain of 5.56%. This compares badly with the 10.25% for NSW as a whole.
Taking the average capital gain, or increase in median house value, Westmead,2145 has racked up an average of 5.56% over the period. This ranks it number 221th in the whole country for real estate investors looking at median house price increases.
Property investors should expect to get $500 weekly from the median priced house in this suburb.
Westmead is in the bottom 30% in NSW when comparing median price capital growth over the last year. Westmead gave property investors a disappointing capital gain figure when compared to the rest of the state, with 2.30%.
Over the longer term, Westmead has seen property prices show investors a 19.18% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Westmead is offering property investors an average of -4.44. This rate of discount on properties puts Suburb at number 360th in terms of most discounted suburbs in NSW
At number 379 in a list of fastest selling suburbs, Westmead is in the TOP 30% of suburbs in Australia with an average of days on market 51.31 for properties listed there.
Property investors should expect to get $470 weekly from the median priced house in this suburb.