Over the last year, property investments in Waratah, 2298 have given investors a capital gain of 17.39%. This compares favourably with the 11.06% for NSW as a whole.
Waratah,2298 has offered an average of 17.39% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Waratah is offering property investors an average of -5.22. This rate of discount on properties puts Suburb at number 539th in terms of most discounted suburbs in NSW
Waratah, 2298’s gross rental yield is 3.88%
Waratah has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 3.83% to date .
While Waratah,2298 ranked number 82th in NSW for increase in median house value (annualised) increase, it is ranked 406th over the last 5 years.
Sellers are offering property buyers an average discount of -2.25% to buyers in Waratah at the moment, which is less than average for the rest of NSW.
At number 18 in a list of fastest selling suburbs, Waratah is in the TOP 10% of suburbs in Australia with an average of days on market 22.62 for properties listed there.
With the median price for a house in Waratah being $420500 and the advertised rent reaching $315 the gross rental yield for property investors calculates out to be 3.90%