NSW has seen average median house prices change by 7.28% which means that Waratah, 2298 has done well for property investors by showing a capital gain of 19.22% over the last year
While Waratah,2298 ranked number 142th in NSW for increase in median house value (annualised) increase, it is ranked 653th over the last 5 years.
Waratah2298 is located in NSW which offers an average discount of -5.49% to property investors. Waratah itself is showing figures that indicate -4.42% is the average achievable by property buyers investing in the suburb.
At number 211 in a list of fastest selling suburbs, Waratah is in the TOP 10% of suburbs in Australia with an average of days on market 40.25 for properties listed there.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 3.88%, without taking into account capital value appreciation, which has been averaging out at 6.52%.
Property value increases in Waratah have tracked just lower than the NSW average of 5.73% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Waratah comes in at number 507th in NSW.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.41% offered to property buyers. Sellers in Waratah itself are offering an average vendor discount of -3.83% to real estate investors.
Renters in Suburb are facing rents around $3810 per annum or $317.5 every week.