Waratah is in the TOP 20% in NSW when comparing median price capital growth over the last year. Waratah gave property investors a very good capital gain figure when compared to the rest of the state, with 19.18%.
If we look at median property appreciation over just the last three months, Waratah has given property investors a paper return of 2.23%. This puts Suburb as 800 on a list of fastest fasting appreciating suburbs in NSW
Waratah, 2298 is offering NSW ‘s 587th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 3.78%, without taking into account capital value appreciation, which has been averaging out at 6.65%.
Over the last year, property investments in Waratah, 2298 have given investors a capital gain of 0.80%. This compares badly with the 6.96% for NSW as a whole.
Across a shorter period, Waratah, 2298 has seen a median price increase of 7.04% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Waratah is offering property investors an average of -4.23. This rate of discount on properties puts Suburb at number 301th in terms of most discounted suburbs in NSW
Waratah, 2298’s gross rental yield is 4.38%