Property value increases in Westmead have tracked lower than the NSW average of -2.96% over the last 12 months.
If we look at median property appreciation over just the last three months, Westmead has given property investors a paper return of -13.11%. This puts Suburb as 1288 on a list of fastest fasting appreciating suburbs in NSW
On average over the past year, suburb has had 1.25 sales per month, which equates to 15 per year.
With a capital gain of -5.55% for the last 12 months, Westmead, 2145 has performed for property investments than its average annual 5.75% property growth over the last 5 years.
Westmead,2145 was ranked 1004 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 -7.15% below the asking price at the moment.