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Property investments in WESTMEAD did not fare well against the rest of the country last year, registering a median home price decrease of 20.21%.
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 $630 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 52.4 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 $1,965,500.
WESTMEAD ranks 1094th on the list of best yielding suburbs for rental properties in NSW, posting a 1.67% return.
Westmead lies approximately 26 kilometres west of Sydney’s central business district within the Cumberland Council and City of Parramatta local government areas. The suburb covers approximately 2.9 square kilometres and had a recorded population of 16,555 as of the 2021 census.
Residents have a median age slightly below the state average, reflecting a profile that includes families, young professionals, and a mix of retirees. Cultural diversity is substantial in Westmead, with many residents born overseas and multiple languages spoken alongside English.
Westmead railway station serves the suburb with frequent T1 Western and T5 Cumberland line services, and around 9,170 daily entries and exits. The Parramatta Light Rail L4 terminates at Westmead, offering direct services to Carlingford since December 2024.
Multiple bus routes connect Westmead with Parramatta, Blacktown, Westmead Hospital, and Castle Hill, enhancing public transport options. The suburb benefits from its proximity to major roads, including the Great Western Highway and the M4 Motorway, which facilitates car commuting. Approximately 11 per cent of commuters use public transport, about 33 per cent drive, and around 42 per cent work from home.
Westmead forms part of a significant health precinct. Westmead Hospital, with 975 beds, serves as a tertiary referral and teaching hospital affiliated with the University of Sydney's Faculty of Medicine and Health Sciences, specifically the Sydney Medical School. Adjacent to this is the Children’s Hospital at Westmead, a specialist paediatric centre with around 340 beds. The Westmead Institute for Medical Research employs about 450 staff and undertakes significant biomedical research.
Educational facilities in the area include Westmead Public School and nearby secondary colleges, as well as Western Sydney University campuses in Parramatta. Westmead’s essential services cluster around the station precinct and Hawkesbury Road, featuring supermarkets, cafés, medical clinics, a library and a community centre.
Parks and recreational areas account for nearly 7.7 per cent of the land, including Friend Park, Lytton Street Park, cycleway access, and a community garden. Community ovals, basketball courts, and the nearby Wentworthville Magpies rugby league club provide support for various sporting activities.
Westmead's transport connectivity, strong health and education infrastructure, public open spaces and cultural diversity define it as a mature urban precinct undergoing continued evolution.