Rental Insights
Unleash the true earning power of your property with Stash Property. Whether it’s capitalising on the flexibility of short-term platforms like Airbnb, securing stable income with long-term tenants, or maximizing space with individual room leases, Stash analyses every option to pinpoint the most lucrative path for your specific property. With Stash, maximising your potential yield is no longer a gamble, it’s a well-calculated strategy.
Source: stashproperty.com.au
Development Stats
2024
152
290
About the Property
RENOVATORS DREAM!!
21 OVENS DRIVE, WERRINGTON COUNTY
Perfectly positioned in a sort after street in the ever popular suburb of Werrington County, Nicholas Padjen and team are welcoming all buyers looking to put a personal stamp on a forever home, or if you’re itching to get your hands on a house flip this is the perfect opportunity. All with in close proximity to the property are great local reputable schools, public transport. bus stops, shopping centers, and a short drive to Penrith Westfields.
Our favourite features include:
• Four spacious bedrooms, two boasting ensuites and built in robes
• Two separate living areas
• Three bathrooms
• Spacious kitchen with ample bench and storage space and stainless steel appliances
• Three car lock up garage with oversized storage or potential work shop
• Front and rear balconies
• Spacious yard with potential for pool
• Side access
• Garden Shed
From the realestate.com.au listing
Source: stashproperty.com.au
About the Suburb
In Inglewood, the population is diverse with a mix of age groups, with a significant number of residents in the 20-44 years age range. The median weekly household income is above average. The suburb has a strong presence of professionals, managers, and technicians/tradeworkers. Most residents commute via motor vehicles, while a fair number also opt for public transport. The ICSEA value for government schools indicates high educational advantage for students.
Inglewood presents a balanced market for both houses and units. With a high market absorption rate, low vacancy rates, and solid rental yields for both property types, it is seen as a potentially lucrative investment opportunity. The suburb has shown strong annual growth, indicating a promising return on investment. The high room demand-supply ratio and online search interest suggest a robust demand for rental properties. The sale price IQR ratio, especially for houses, indicates it could be a good option for renovators.
Inglewood offers a vibrant community with good educational opportunities and convenient commuting options. For homeowners, it provides an attractive lifestyle with various amenities nearby. Investors and property developers can benefit from the suburb’s strong rental market, high growth potential, and demand for renovated properties.
Sources:
– proptechdata.com.au
– Australian Bureau of Statistics (ABS) Census 2021
– Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022
Suburb Median
Vacancy Rate
