Wentworth Point is a well-established suburb in New South Wales within the Parramatta local government area (postcode 2127). With a population of 12,703, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $106K per year, with an average household size of 2.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Chinese, English, Korean.
Units have a median price of $750,000. The current median weekly rent is $770. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $2,251.
Wentworth Point is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1054, which is above the national average of 1,000. Public transport access includes 4 bus stops. The crime rate in the Parramatta LGA is below average at 3,186 incidents per 100,000 population.
From an investment perspective, Wentworth Point offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($750K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.1x is considered moderate. House prices have moved +0.0% year-on-year.
Wentworth Point is a well-established suburb in New South Wales within the Parramatta local government area (postcode 2127). With a population of 12,703, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $106K per year, with an average household size of 2.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Chinese, English, Korean.
Units have a median price of $750,000. The current median weekly rent is $770. This gives a gross rental yield of approximately 5.3%. The median monthly mortgage repayment is $2,251.
Wentworth Point is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1054, which is above the national average of 1,000. Public transport access includes 4 bus stops. The crime rate in the Parramatta LGA is below average at 3,186 incidents per 100,000 population.
From an investment perspective, Wentworth Point offers a gross rental yield of 5.3%, rated as high yield. Property prices sit below the state median ($750K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.1x is considered moderate. House prices have moved +0.0% year-on-year.