NSW/
Westmead

Suburb Profile

Westmead - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2145

house
unit

Property investments in WESTMEAD did not fare well against the rest of the country last year, registering a median home price increase of 17.39%.

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

Based on its average 5-year and quarterly capital gains WESTMEAD, 2145 saw average growth in the long term.

Real estate investors could earn a rental income of $500 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 89.6 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $1,438,000.

WESTMEAD ranks 1170th on the list of best yielding suburbs for rental properties in NSW, posting a 1.81% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,438,000 $565,000
GROWTH REPORT
Median Quarterly 4.39% 0%
Median 12 month 17.39% -0.99%
Median 3 years 84.83% 22.96%
Median 5 years 109.47% 49.67%
10 years average annual 11.96% 5.91%
Weekly media advert. rent $500 $460
Time on Market 89.6 days 59.7 days
Gross Rental Yield Percent 1.81% 4.23%
demographics (median values)
Total Population
9480
Weekly Household Income
1063
Household Size
2.50
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type
promoted stories