AREA REPORTS

Werrington

 

 

Suburb Profile

Werrington - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2747

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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 $660,000.

The upward trend in home prices in WERRINGTON, 2747 averaged 6.67% per annum over a 3-year period.

Average weekly rents on listings have reached the $410 mark, reflecting a 3.23% increase in returns based on the current median price in WERRINGTON.

An average of 3.42 real estate transactions take place per month in WERRINGTON which translates to 41 per annum.

41 properties were sold in WERRINGTON in 2016, making it the 256th most active market in NSW based on total real estate transactions.

WERRINGTON, 2747 places 459th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $660,000 $465,000
GROWTH REPORT
Median Quarterly -1.12% 0%
Median 12 month -0.53% -2.62%
Median 3 years 20% 15.53%
Median 5 years 92.7% 75.5%
10 years average annual 9.55% 6.86%
Weekly media advert. rent $410 $347.5
Time on Market 60.7 days 46.5 days
Gross Rental Yield Percent 3.23% 3.89%
demographics (median values)
Total Population
3528
Weekly Household Income
897.7
Household Size
2.50
demographics
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