At number 701th in the list of Australian suburbs ordered by increase in median house value over the last year, Westmead, 2145 is in the top 20% with a property value increase of 11.22% recorded in median house prices.
While Westmead,2145 ranked number 1316th in NSW for increase in median house value (annualised) increase, it is ranked 443th over the last 5 years.
Advertised rents are around the $490 mark per week – giving a return of 2.07% based on the median price in Suburb
With a capital gain of -3.75% for the last 12 months, Westmead, 2145 has performed for property investments than its average annual 4.80% property growth over the last 5 years.
A 10.35% growth in median value for property investors in Westmead,2145 puts this suburb at number 467th in terms of best performing suburbs in NSW
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Westmead, 2145. Typically our figures indicate that -3.28% is being offered, which puts this NSW suburb at 502th most discounted overall in Australia.