All About Wentworth Point, Parramatta , NSW 2127

Wentworth Point Real Estate Market Outlook

Thinking about buying in Wentworth Point? Now could not be a better time, with 8110 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $953,000 with prices in this suburb ranging from $33,000 to $147,211,000. The approximate distance to the coast is 12 Km.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Wentworth Point due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Wentworth Point classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Wentworth Point requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

Wentworth Point, located within the Parramatta jurisdiction in New South Wales, is a vibrant and rapidly developing suburb known for its appealing waterfront living. The housing market in Wentworth Point has seen considerable growth over recent years, characterized by a mix of modern apartment complexes and sleek high-rise condos, catering predominantly to young professionals, families, and investors seeking a convenient urban lifestyle. The proximity to the Sydney Olympic Park and the ongoing infrastructural developments have further bolstered its attractiveness, leading to an increase in property values. Despite the heightened demand, the diversity in housing offerings—from luxury waterfront apartments to more budget-friendly options—ensures a variety of choices for potential buyers and renters alike.

Living in Wentworth Point offers residents a unique blend of leisure, convenience, and community. The area is renowned for its picturesque views of the Parramatta River and an abundance of green spaces like the Millennium Parklands, which provide ample opportunities for outdoor activities and relaxation. Public transport connectivity is robust, with ferry services and nearby train stations offering easy access to Sydney's Central Business District and other major areas. Additionally, Wentworth Point boasts a growing array of amenities, including shopping centers, restaurants, cafes, and schools, making it an ideal environment for families and individuals seeking a blend of suburban tranquility and urban conveniences. While the ongoing developments continue to enhance the suburb’s infrastructure and lifestyle options, the community spirit and natural beauty make Wentworth Point an increasingly sought-after location for residents in the Sydney area.

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