Suburb Profile Report for Waitara NSW (2077)

Waitara Unit: Median price $659,091, Annual capital growth 6.33%, Number of sales 151, Weekly median advertised rent $530

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • Unit Report
  • Expert Report

Property value increases in Waitara have tracked just lower than the NSW average of 6.92% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Waitara comes in at number 224th in NSW.

Waitara2077 is located in NSW which offers an average discount of -4.46% to property investors. Waitara itself is showing figures that indicate -4.13% is the average achievable by property buyers investing in the suburb.

Waitara is 286th on a list of best yielding suburbs for rents in NSW with a 4.18% return

YIP MAG Information supplied by:

YIP MAG
December 2015

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A small suburb in Sydney’s Upper North Shore, Waitara has been making strong waves over the past couple of years.Full summary A small suburb in Sydney’s Upper North Shore, Waitara has been making strong waves over the past couple of years.

In just 24 months, median unit values surged by 36.29%, according to OnTheHouse.com.au.

This equates to a capital growth of $173,500 for unit owners.

Covering an area of just 1sqm, Waitara has a total of 3,791 dwellings.

Of these, 424 are houses and 3,367 units. 

There are 5,370 people living in this tiny area, predominantly a younger demographic aged between 25 and 34 years.

The number of owner-occupiers has jumped significantly over the past five years, with the ABS showing that half of the suburb’s residents (49.3%) own their own home.

This is a big jump from the 40% recorded in 2006.

Properties in the suburb are in tight supply: there were only 14 properties listed at the time of writing.

This equates to about 0.37% of all properties in the suburb.

Properties are literally walking out the door, with vendors selling within just 16 days of listing.

The suburb’s main attraction is its proximity to Hornsby CBD, which is touted as the next Chatswood.

Waitara is serviced by a number of regular trains to the city.

Buses are also fairly regular and frequent.

It’s a family-friendly suburb and still a relatively affordable option on the Upper North Shore.Close
HOUSE UNIT
N/A $659,091
N/A 0.31%
N/A 3.79%
N/A 6.33%
N/A $530
N/A 151
N/A 4.18%
N/A 41.89

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 5370
Median household income ($/weekly) 1413
Median age of persons 34
Median housing loan repayment ($/monthly) 2167
Average household size 2.3
  • Census Count Percent(%)
    0-4 years 420 7.8
    5-14 years 559 10.4
    25-34 years 1259 23.4
    35-44 years 1006 18.7
    45-54 years 499 9.3
    Others 1627 30.3
    Age Group
    Census Count Percent(%)
    Registered Married 2166 53.6
    Not Married 1605 39.7
    Defacto Relationship 268 6.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 2058 39.9
    Croatia 496 9.6
    Indonesia 415 8.0
    Lebanon 340 6.6
    Other 710 13.8
    Others 1144 22.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 284 5.7
    Christianity 2606 52.3
    Hinduism 468 9.4
    Islam 215 4.3
    No Religion 1264 25.4
    Others 145 2.9
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 169 8.1
    $1,000-$1,249 171 8.2
    $1,500-$1,999 309 14.8
    $2,000-$2,499 174 8.3
    $2,500-$2,999 262 12.6
    Others 1000 48.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1867 44.1
    Not in the labour force 1435 33.9
    Employed, worked part-time 605 14.3
    Unemployed, looking for work 216 5.1
    Employed, away from work 115 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 304 11.8
    Professionals 1007 38.9
    Technicians & trades workers 214 8.3
    Community & personal service workers 221 8.5
    Clerical & administrative workers 404 15.6
    Others 436 16.9
    Occupation
    Census Count Percent(%)
    Pre-school 87 6.9
    Infants/Primary 397 31.7
    Secondary 209 16.7
    Technical or Further Educational Institution 194 15.5
    University or other Tertiary Institutions 309 24.6
    Others 58 4.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 3664 73.0
    Separate house 981 19.6
    Semi-detached, row or terrace house, townhouse 368 7.3
    House or flat attached to a shop, office 4 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1037 47.0
    Being purchased 656 29.8
    Fully owned 463 21.0
    Other tenure type 49 2.2
    Tenure Type
Census 2011, ABS
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