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Investment Property Westmead, NSW, 2145

Suburb Snapshot

Westmead is a suburb in the Parramatta Region of New South Wales. Westmead has a population of 16,306 people and 58.04% of its occupants live in rental accommodation. The median listing price for houses is $1,649,500 and this has changed 9.96% over the past year and changed 13.75% over 2 years.

The median rent in Westmead for houses is $665 per week and the median rental yield is 2.09%. Stock on the market for houses/townhouses has changed 0.00% compared to last year and the average time to sell a house/townhouse is 59 days.The median listing price for units is $550,000 and this has changed 1.85% over the past year. The average unit takes 112 days to sell and the median rent for a unit in Westmead is $600 per week, producing a rental yield of 5.67%.

Supply & Demand in Westmead, Parramatta

2.40%

Current vacancy rate


184

Rental stock available


16,306

Population


58.04%

Rental population


1.73%

Current vacancy rate


1,938

Rental stock available


226,155

Population


37.68%

Rental population


1.02%

Current vacancy rate


37,030

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Westmead, Parramatta

  House Townhouses Units
Median listing price $1,649,500 NA $550,000
Median price change - last quarter -2.92% NA 0.00%
Median price change - 1 year 9.96% NA 1.85%
Median price change - 2 years 13.75% NA 1.85%
  House Townhouses Units
Median weekly rent $665 $650 $600
Median yield % 2.09% NA 5.67%
Median rent change - 1 year 10.83% 8.33% 7.14%
  House Units
Previous month sales 4 18
Stock on market previous month 10 95
Stock variance vs. last year 0.00% -18.80%
Average days on market 59 112

Westmead investment property listings

Showing 1 of 1 investment properties found in Westmead on realestateinvestar.com.au

20/24-28 Reid Ave, Westmead

$0

property pic

Quiet Cul-de-sac Location Walk To Station

Perfectly positioned on the top floor of a bright and airy complex in a quiet and tranquil cul-de-sac location. Surrounded by lush greenery and boasting a northerly aspect this apartment offers a spacious living area with generous bedrooms and alfresco balcony. Well maintained apartment features a ...

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NSW 2145


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