Giving property investors a a solid capital gain of 18.46% for the last year, Waratah, 2298 is the 345th highest performer in Australia in this respect.
Over the longer term, Waratah has seen property prices show investors a 32.60% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Waratah, 2298. Typically our figures indicate that -4.79% is being offered, which puts this NSW suburb at 2677th most discounted overall in Australia.
In the last year 95 properties changed hands in Waratah, which puts it as the 309th most active market in NSW when comparing the number of sales per suburb.
At number 1208th in the list of Australian suburbs ordered by increase in median house value over the last year, Waratah, 2298 is in the BOTTOM 40% with a property value increase of -1.08% recorded in median house prices.
Waratah,2298 has offered an average of -1.08% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Waratah 2298 should be seeing an average reduction in asking price of around -3.00% . This means that Waratah is holding prices well when compared to other suburbs in NSW.
Situated 100.99km from the CBD, Waratah is one of Newcastle localities in the postcode 2298.