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Wentworth Point

POSTAL CODE: NSW, 2127
UNIT

A survey of average capital gains or median home price increase in suburbs across the country shows that WENTWORTH POINT, 2127 obtained a 0.03% growth over a ten-year period. It ranks 1863rd on our list of suburbs that property investors should look into.

WENTWORTH POINT, 2127 has a capital gain of -0.03% for the past year, which is lower than average compared to its 7.76% growth within a five-year period.

With the median home price in WENTWORTH POINT sitting at $750,000, and the average rent at $760, property owners could potentially earn a 5.27% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in WENTWORTH POINT are low, as opposed to average gains per annum over the past five years.

WENTWORTH POINT, 2127 in NSW belongs to the local government area of Parramatta.

Surburb overview

Wentworth Point is a suburb located approximately 13 kilometres west of Sydney's Central Business District, within the City of Parramatta local government area. Positioned on the western shore of Homebush Bay, the suburb borders the Parramatta River to the north and Sydney Olympic Park to the south, spanning 0.6 square kilometres at an elevation of 5 metres above sea level.

According to the 2021 Census, Wentworth Point had a population of 12,703 residents, marking a significant increase from 6,994 in 2016. The median age was 32 years. Approximately 34.6% of residents were born in Australia, with notable communities from China (21.0%), South Korea (8.1%), and India (3.8%). Languages spoken at home include English (32.1%), Mandarin (23.0%), and Korean (9.8%). The median weekly household income was $2,035.

Public transportation in Wentworth Point includes bus routes 526 and 533, providing connections to Burwood, Rhodes, and Chatswood. The F3 Parramatta River ferry service also serves the suburb via the Sydney Olympic Park Wharf. The Baylink Shuttle offers a free express service between Rhodes Station and Wentworth Point. The Bennelong Bridge, opened in 2016, facilitates pedestrian, cyclist, and bus access between Wentworth Point and Rhodes.

Essential amenities are available at Marina Square, a shopping centre featuring over 40 stores, including a Coles supermarket, cafes, and various service providers. Educational institutions in the area include Wentworth Point Public School and Wentworth Point High School.

Facilities such as Bay Park support recreational activities in Wentworth Point, offering outdoor tennis courts, a fenced sports oval, a children's playground, and a cafe. The suburb also provides access to cycling and walking paths that connect to Sydney Olympic Park and Bicentennial Park. Community events, including the monthly Eat Drink Nights and the Wentworth Point Twilight Market, are held at Marina Square, featuring a variety of food stalls, entertainment, and artisanal goods.

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