AREA REPORTS

Wetherill Park

Suburb Profile

Wetherill Park - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2164

house
unit

Property investors enjoyed capital gains of 7.38% over the last 12 months in WETHERILL PARK, translating to lower returns compared with its peers in NSW.

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

The suburb posted a 35.28% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $530 based on current median home prices for the suburb.

On average, rents on listings have reached the $530 mark, reflecting a 3.21% increase in returns based on the current median price in WETHERILL PARK.

WETHERILL PARK, 2164 ranks 655th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 730th on the list of best yielding suburbs for rental properties in NSW, posting a 3.21% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $859,000 $695,000
GROWTH REPORT
Median Quarterly -3.54% 2.21%
Median 12 month 7.38% 16.81%
Median 3 years 35.28% 110.61%
Median 5 years 78.96% 118.21%
10 years average annual 9.29% 11.26%
Weekly media advert. rent $530 $495
Time on Market 68.8 days 0.0 days
Gross Rental Yield Percent 3.21% 3.7%
demographics (median values)
Total Population
6123
Weekly Household Income
1146
Household Size
3.30
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Open door

$18m investor shares his ‘life-changing’ first investment

Since we talked to him about his investments last year, investor Scott O’Neill has seen his portfolio rise by nearly $7 million, but where...

Quick hit and losing out

‘Quick hit’ investors losing out in Australian market, says real estate boss

The president of the Real Estate Institute of Australia has concerns about investors who are in the current market for a quick win, and is f...

Housing affordability

Biggest capital city markets improve on affordability index

Housing affordability in key capital city markets is showing signs of life after several years of rapid deterioration, according to a nation...

Checklist, check boxes

A checklist to surviving the springtime maintenance season

While spring is traditionally when property owners treat their homes to a bit of ‘spit and polish’, it’s also an ideal time to give in...

Gray houses with a red hotspot

Capital city property markets primed for growth

Property lecturer and Property Investment Professionals of Australia (PIPA) chairman Peter Koulizos shares the suburbs set to grow in each c...

Man standing on podium

‘Wealth taxes’ in property prompt lobbying for new minister

A minister for property who cracks down on excessive and cumbersome “wealth” taxes should be considered by the federal government, acco...