Property investors who have had real estate in Waratah West, 2298 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 13.90%
While Waratah West,2298 ranked number 312th in NSW for increase in median house value (annualised) increase, it is ranked 839th over the last 5 years.
Sellers are offering property buyers an average discount of -5.16% to buyers in Waratah West at the moment, which is less than average for the rest of NSW.
A $380 per week rent on the median house gives suburb investors a gross yield of circa 4.05%, without taking into account capital value appreciation, which has been averaging out at 6.06%.