Werrington - where the Sydney first time buyers are most active
Jonathan ChancellorFebruary 6, 2021
Werrington, some 48 kilometres west of the Sydney central business district, is the suburb where the grant recipient first time buyers are most active.
Buyers received a $7.48 million benefit - from grants and stamp duty exemptions - in their purchases over the past year.
Benefits totalling $235 million have been paid by the state government across NSW, according to figures over the past year obtained by Property Observer.
Werrington's median house price sits at a record $462,500 median, according to CoreLogic RP Data.
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.