Region. Increase in property values

Property advisory group, Herron Todd White, said suburbs in Sydney’s south-west reported a 5 per cent or more increase in property values last year. Westmead, Auburn, Lidcombe, Wentworthville and Pendle Hill were stand-out performers.

Region. Residential property values

Data from the NSW Valuer-General’s Department shows suburbs in Sydney’s heavily indebted mortgage belt, such as Penrith, Campbelltown and Blacktown, have emerged from the worst of the downturn, with medium property values unchanged following declines in recent years, according to the Sydney Morning Herald. The data showed the medium value of residential property in Parramatta, in 2009-2010, at $319,000, a rise of 7.8 per cent. Parramatta City Council will use the data when assessing rate rises

Region. Value of residential property

A survey by Australian Property Monitors shows that in 2008 the median house price in the major areas in the region was – Castle Hill (postcode 2154) $652,750, Parramatta (2150) $413,500, Bankstown (2200) $400,000, Liverpool (2170) $355,000, Penrith (2750) $340,000, Fairfield (2165) $320,000, Blacktown (2148) $320,000, Campbelltown (2560) $280,000. The median apartment price was – Castle Hill $430,000, Parramatta $280,000, Bankstown $250,000, Penrith $240,000, Blacktown $235,000, Campbelltown $232,500, Fairfield $210,000, Liverpool $210,000.