As we welcome 2024, it’s timely to reflect on the achievements and milestones reached throughout 2023, specifically within the dynamic property market of Wentworth Point. With a total of 645 units sold, at an average sale price of $758,102, the area has demonstrated remarkable resilience and vibrancy in a year that presented both challenges and opportunities. Wentworth Point, known for its affordability within the Sydney market, continues to offer an enviable lifestyle without compromise. Our neighbourhood boasts a rich array of amenities, from the ever-improving shopping conveniences including our very own Coles supermarket, to health and fitness facilities available at Pulse Gym or Anytime Fitness in Marina Square. The scenic bushland walking and cycling tracks, extending to Rhodes along the Bennelong Bridge, not to mention the quick access to the M4 and the ferry to the city, further enrich our community’s living experience. The demand for apartments in Wentworth Point has been high, appealing to a wide range of demographics, including first home buyers and investors, thanks to the median price aligning with government stamp duty benefits. This demand spans a broad spectrum of sale prices, from the most accessible at $450k to the premium offerings well over $1,000,000. Despite the challenges brought on by interest rate hikes affecting the property market at large, Wentworth Point’s market has shown resilience. Additionally, the upcoming infrastructure developments, including Stage 2 of the NSW Government’s Parramatta Light Rail, promise to enhance our connectivity and support our community’s growth. As we look forward to the future, we remain committed to supporting our community and maximising the potential of our local property market. We look forward to working with you in 2024. Welcome to the Morton Wentworth Point 2023 Property Report. Dylan Choe Sales Executive 0416 932 977 dylan.choe@morton.com.au
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