Named after northern Wiradyuri man Windradyne, this is a suburb with a huge amount of potential for expansion and development.
“Windradyne is part of the growth corridor which will help future infrastructure and drive up demand for properties in the area and then drive up property values,” Mitchell Bestwick from One Agency said.
“There is a great mix of existing and brand new homes, as well as some substantial historic homes. Many homes are family sized and family oriented.”
Westpoint Shopping Centre has a supermarket, medical centre, pharmacy, butcher, newsagent, liquor store, takeaway shop and bakery.
“The community shopping centre currently carries all the essentials,” he said. “But it also has the possibility of expanding because the land around it is ready when the demand is there.
“There is plenty of green space, with many council maintained parks for families to enjoy – and many even have stunning views.”
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All Saints’ College, The Assumption School, Bathurst West Public School and Bathurst High School are close and easily accessible with the suburb’s great bus service.
“Public transport takes you straight into town and if you drive, even a bad run will only take you seven minutes,” he said.
Purchasing property in Windradyne is affordable for families and first home buyers.
“With property in Windradyne people have the ability to climb the property tree while others can begin to downsize because there are a lot of flat blocks in the area,” he said.
The suburb is also extremely attractive for investors.
“I have found that there hasn’t been any trouble getting quality tenants into this area,” he said. “A lot are families and tend to stay in a property for a longer period. There certainly isn’t a high turnover of tenants. The average hold period for an investment property is 10 years which indicates that investors are happy to settle in for the long term.
“And, in Windradyne, investors get the opportunity to get depreciation with newer homes or newly renovated properties. Sometimes having a newer asset can bring you greater tax breaks.”
At a glance:
- Average house price: $422,000
- Days on market: 75
- Sold this year: 111
- 2016 growth: 10.3%
Windradyne is part of the growth corridor which will help future infrastructure and drive up demand for properties in the area and then drive up property values.Mitchell Bestwick, One Agency
Investment property data for all houses:
- Price range: $373,000 to $500,000
- Median rent: $360 a week
- Rental yield: 4.4%