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Westdale

Suburb Profile

Westdale - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2340

house

WESTDALE, 2340 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Investors saw the median home price rise to $316,000.

Profits due to an upward trend in home prices in the suburb averaged 0.11% per annum over a 3-year period.

WESTDALE now ranks at the 618th place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $370 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In WESTDALE, homes and units usually stay on listing for an average of 96.0 days.

In 2016, 48 properties were sold in WESTDALE during the past year, making it the 374th most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $316,000 N/A
GROWTH REPORT
Median Quarterly -1.25% N/A
Median 12 month -5.95% N/A
Median 3 years 0.32% N/A
Median 5 years 17.04% N/A
10 years average annual 3.05% N/A
Weekly media advert. rent $370 N/A
Time on Market 96.0 days N/A
Gross Rental Yield Percent 6.09% N/A
demographics (median values)
Total Population
1934
Weekly Household Income
1078
Household Size
3.00
demographics
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