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Werrington
AREA REPORTS

Werrington

Werrington - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2747

house
unit

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

The suburb also 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 $780,000.

The upward trend in home prices in WERRINGTON, 2747 averaged 7.77% per annum over a 3-year period.

Average weekly rents on listings have reached the $435 mark, reflecting a 2.9% increase in returns based on the current median price in WERRINGTON.

An average of 3.83 real estate transactions take place per month in WERRINGTON which translates to 46 per annum.

46 properties were sold in WERRINGTON in 2016, making it the 381st most active market in NSW based on total real estate transactions.

WERRINGTON, 2747 places 473rd in Australia based on median property value growth during the quarter.

Data report can be found below

Werrington
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $780,000 $559,000
GROWTH REPORT
Median Quarterly 5.41% 4.98%
Median 12 month 13.04% 17.68%
Median 3 years 23.32% 11.91%
Median 5 years 25.81% 20.02%
10 years average annual 9.47% 9.13%
Weekly media advert. rent $435 $380
Time on Market 18.5 days 31.1 days
Gross Rental Yield Percent 2.9% 3.53%
demographics (median values)*
Total Population
42421
Weekly Household Income
1603
Household Size
2.80
Age
33
Monthly Loan Repayment
1989
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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