Question 1

Is Wentworth Point a nice place to live?

Accepted Answer

Wentworth Point sits on a peninsula in Homebush Bay beside Sydney Olympic Park and has a modern waterfront character dominated by medium and high-rise apartments, many with river or bay views. The foreshore has promenades, parkland, playgrounds and boating access, and a pedestrian and cycle bridge links to Rhodes; buses serve surrounding centres. A compact cluster of cafes and shops meets daily needs, with Olympic Park nearby for larger retail and events.

The suburb is home to around 12,700 people, with a median age of 32, and attracts young professionals, couples and families who favour an active outdoor lifestyle. Most dwellings are rented (60.2%) and couple families without children make up the largest family type. Several transport, school and waterfront public-space projects are planned or under way. Whether Wentworth Point suits you depends on what you want from a suburb.

Question 2

Is it expensive to live in Wentworth Point?

Accepted Answer

In Wentworth Point, housing costs sit high against what a typical local household earned at the last Census. Average house rent of $1,525 a week is about 75% of a typical local household's weekly income at the last Census, a large share, while unit rent of $800 a week is about 39% of that income, a sizeable share. The median unit price of $775,000 works out to about 7.3 times a typical local annual household income at the last Census, which sits well above local incomes. Whether that feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Wentworth Point a good place to invest?

Accepted Answer

In Wentworth Point, unit rents rose a solid 6.7% over the past year, while unit values edged up a marginal 0.2%.

That means the clearest movement in the available figures is rental income rather than capital growth: the rent a unit earns has been the stronger performer this year, while unit prices showed only minimal change. Whether that pattern fits your investment goals and circumstances is for you to weigh up.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	$775K
Change in value Past 12 months	N/A	0.2%
Sold Past 3 months	1	100
Median days on market Past 12 months	N/A	42
Average rent Past 12 months	$1525	$800
Change in rent Past 12 months	N/A	6.7%

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