2. NSW
  3. Newcastle

Houses Units

Here you can find what you need to know about Waratah, NSW, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$885K Median Sale Price (National Average $485k) 877th In NSW
5.36% Median Sale Price Change (1yr) (National Average 4.30%) 711th In NSW
$620pw Median Rent (National Average $395) 695th In NSW
3.6% Median Gross Yield (National Average 4.24%) 387th In NSW
Properties sold 66
Average discounting -4.90%
Average Days on Market 39
Stock on Market 30 for sale

Investment Strategy Scores

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Example Only
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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Waratah, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Waratah, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Waratah, NSW National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Waratah


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Waratah, NSW 2298

Part of: Newcastle Council No data available

The size of Waratah is approximately 1.9 square kilometres. It has 5 parks covering nearly 10.1% of total area. The population of Waratah in 2011 was 4,759 people. By 2016 the population was 4,487 showing a population decline of 5.7% in the area during that time. The predominant age group in Waratah is 20-29 years. Households in Waratah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Waratah work in a professional occupation. In 2011, 51.5% of the homes in Waratah were owner-occupied compared with 48.8% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Waratah

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Waratah   for Houses in last 12 months


There have been 66 Houses sold in Waratah in the past 12 months with a median sale price of $885K, up 5.4% annually. It takes on average 23 days to sell with vendor discounting of -4.9%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Waratah West NSW, 2298 4.64% $790,000 $578pw 3.8% View Suburb Profile
Mayfield NSW, 2304 7.79% $868,250 $620pw 3.7% View Suburb Profile
Georgetown NSW, 2298 17.65% $1,000,000 $660pw 3.4% View Suburb Profile
Warburton VIC, 3799 -12.22% $616,250 Unavailable Unavailable View Suburb Profile
Champion Lakes WA, 6111 20% $600,000 $650pw 5.6% View Suburb Profile
Kyle Bay NSW, 2221 18% $2,737,500 Unavailable Unavailable View Suburb Profile

Currency

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