At number 3932th in the list of Australian suburbs ordered by increase in median house value over the last year, Waitara, 2077 is in the BOTTOM 10% with a property value increase of -11.19% recorded in median house prices.
Over the longer term, Waitara has seen property prices show investors a -2.94% return over the last 3 years. This is worse than over the last 12 months
Using the current median advertised rental of $580 and the average annual increase in value of a median property of 8.97%, investors should hope to achieve an overall return of 2.18%
Waitara has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 5.75% to date .
A 54.01% growth in median value for property investors in Waitara,2077 puts this suburb at number 323th in terms of best performing suburbs in NSW
The most recent median price for Waitara is $710000, with sellers offering an average of -3.82% off the asking price.
At number 246 in a list of fastest selling suburbs, Waitara is in the TOP 20% of suburbs in Australia with an average of days on market 47.56 for properties listed there.
Property investors should expect to get $520 weekly from the median priced house in this suburb.