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Waratah West

Suburb Profile

Waratah West - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2298

house
unit

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 4.91% growth over a ten-year period. It ranks 1611th on our list of suburbs that property investors should look into.

WARATAH WEST, 2298 has a capital gain of -7.41% for the past year, which is lower than average compared to its 26.02% growth within a five-year period.

With the median home price in WARATAH WEST sitting at $500,000, and the average rent at $395, property owners could potentially earn a 4.11% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in WARATAH WEST are low, as opposed to average gains per annum over the past five years.

WARATAH WEST, 2298 in NSW belongs to the local government area of Newcastle (C).

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $500,000 $430,000
GROWTH REPORT
Median Quarterly -1.48% 0%
Median 12 month -7.41% N/A
Median 3 years 7.53% -1.15%
Median 5 years 26.02% N/A
10 years average annual 4.91% 1.72%
Weekly media advert. rent $395 $399.5
Time on Market 56.8 days 0.0 days
Gross Rental Yield Percent 4.11% 4.83%
demographics (median values)
Total Population
2737
Weekly Household Income
752.1
Household Size
2.50
demographics
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