With a capital gain of 12.59% for the last 12 months, Waitara, 2077 has performed for property investments than its average annual 9.60% property growth over the last 5 years.
On average over the past year, suburb has had 1.33 sales per month, which equates to 16 per year.
Situated 19.95km from the CBD, Waitara is one of Hornsby localities in the postcode 2077.
Waitara is an average performer in NSW when comparing median price capital growth over the last year. Waitara gave property investors a average capital gain figure when compared to the rest of the state, with 5.65%.
The five-year average increase in median property values for Waitara,2077 has given property investors a potential capital gain of 57.78% across each of those five years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.26% offered to property buyers. Sellers in Waitara itself are offering an average vendor discount of -4.09% to real estate investors.
Residents and property investors in Waitara have been waiting around 50.73 days to sell a property.
A $520 per week rent on the median house gives suburb investors a gross yield of circa 3.81%, without taking into account capital value appreciation, which has been averaging out at 6.30%.