Suburb Profile Report for Waratah West NSW (2298)

Waratah West House: Median price $428,000, Annual capital growth 4.54%, Number of sales 71, Weekly median advertised rent $370

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Waratah West, 2298 have given investors a capital gain of 5.16%. This compares badly with the 7.93% for NSW as a whole.

Across a shorter period, Waratah West, 2298 has seen a median price increase of 1.89% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Waratah West is offering property investors an average of -5.55. This rate of discount on properties puts Suburb at number 560th in terms of most discounted suburbs in NSW

Property investors should expect to get $370 weekly from the median priced house in this suburb.

HOUSE UNIT
$428,000 N/A
1.89% N/A
5.16% N/A
4.54% N/A
$370 N/A
71 N/A
4.50% N/A
40.57 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 2676
Median household income ($/weekly) 954
Median age of persons 31
Median housing loan repayment ($/monthly) 1700
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 252 9.4
    20-24 years 412 15.4
    25-34 years 427 16.0
    35-44 years 302 11.3
    45-54 years 282 10.5
    Others 1001 37.4
    Age Group
    Census Count Percent(%)
    Not Married 1189 55.4
    Registered Married 757 35.3
    Defacto Relationship 200 9.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2098 81.6
    Croatia 50 1.9
    Malta 63 2.5
    United Kingdom 68 2.6
    Other 103 4.0
    Others 188 7.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 31 1.2
    Christianity 1696 68.2
    Islam 85 3.4
    Other Religious Groups 20 0.8
    No Religion 637 25.6
    Others 19 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 132 14.3
    $600-$799 110 11.9
    $800-$999 93 10.1
    $1,000-$1,249 87 9.4
    $1,500-$1,999 111 12.0
    Others 390 42.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 968 44.1
    Employed, worked full-time 641 29.2
    Employed, worked part-time 412 18.8
    Unemployed, looking for work 114 5.2
    Employed, away from work 62 2.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 244 21.9
    Technicians & trades workers 171 15.3
    Community & personal service workers 143 12.8
    Clerical & administrative workers 121 10.9
    Sales 144 12.9
    Others 292 26.2
    Occupation
    Census Count Percent(%)
    Pre-school 33 3.8
    Infants/Primary 159 18.3
    Secondary 147 16.9
    Technical or Further Educational Institution 54 6.2
    University or other Tertiary Institutions 449 51.5
    Others 29 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2462 94.1
    Semi-detached, row or terrace house, townhouse 109 4.2
    Flat, unit or apartment 45 1.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 366 36.9
    Fully owned 338 34.1
    Being purchased 284 28.7
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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