Wetherill Park is a mid-sized suburb in New South Wales within the Fairfield local government area (postcode 2164). With a population of 6,412, the suburb has an established demographic with a median age of 41. Households earn a median income of $81K per year, with an average household size of 3.2 people. The most common occupations are clerical & administrative, professionals, machinery operators & drivers. The top ancestries reported are Australian, Italian, English.
The median house price in Wetherill Park is $1.5 million, having declined 4.4% over the past year. Units have a median price of $593,000 (-35.9% YoY). The current median weekly rent is $670. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,000.
Wetherill Park is served by 3 schools, including 2 primary, 1 special. The average ICSEA score is 971, which is around the national average of 1,000. Public transport access includes 86 bus stops. The crime rate in the Fairfield LGA is below average at 2,226 incidents per 100,000 population.
From an investment perspective, Wetherill Park offers a gross rental yield of 2.3%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 18.9x is considered stretched. House prices have moved -4.4% year-on-year.
Wetherill Park is a mid-sized suburb in New South Wales within the Fairfield local government area (postcode 2164). With a population of 6,412, the suburb has an established demographic with a median age of 41. Households earn a median income of $81K per year, with an average household size of 3.2 people. The most common occupations are clerical & administrative, professionals, machinery operators & drivers. The top ancestries reported are Australian, Italian, English.
The median house price in Wetherill Park is $1.5 million, having declined 4.4% over the past year. Units have a median price of $593,000 (-35.9% YoY). The current median weekly rent is $670. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,000.
Wetherill Park is served by 3 schools, including 2 primary, 1 special. The average ICSEA score is 971, which is around the national average of 1,000. Public transport access includes 86 bus stops. The crime rate in the Fairfield LGA is below average at 2,226 incidents per 100,000 population.
From an investment perspective, Wetherill Park offers a gross rental yield of 2.3%, rated as low yield. Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 18.9x is considered stretched. House prices have moved -4.4% year-on-year.