Suburb Profile Report for Waitara NSW (2077)

Waitara House: Median price $1,780,000, Annual capital growth 10.38%, Number of sales 13, Weekly median advertised rent $615

Waitara Unit: Median price $700,000, Annual capital growth 6.53%, Number of sales 181, Weekly median advertised rent $520

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

Giving property investors a a solid capital gain of 23.40% for the last year, Waitara, 2077 is the 191th highest performer in Australia in this respect.

The five-year average increase in median property values for Waitara,2077 has given property investors a potential capital gain of 98.33% across each of those five years.

Situated 19.92km from the CBD, Waitara is one of Hornsby localities in the postcode 2077.

If you compare the increase in value of investment property in Waitara, 2077 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -1.41%.

Over the longer term, Waitara has seen property prices show investors a 9.38% return over the last 3 years. This is worse than over the last 12 months

The most recent median price for Waitara is $700000, with sellers offering an average of -4.82% off the asking price.

Residents and property investors in Waitara have been waiting around 77.4 days to sell a property.

Advertised rents are around the $520 mark per week – giving a return of 3.86% based on the median price in Suburb

Information supplied by:


November 2017

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Situated on the upper north shore of Sydney around 23km from the Sydney CBD, Waitara is regarded as a centre for the automotive industry. Many car dealerships and repair shops have been established hereFull summary

Apartments benefit from CBD proximity

Postcode: 2077

Median unit price: $710,000

Stock on market: 57.1%

12-month growth: 5.7%

Situated on the upper north shore of Sydney around 23km from the Sydney CBD, Waitara is regarded as a centre for the automotive industry. Many car dealerships and repair shops have been established here.

Unit stock in this area soared considerably in the past 12 months, reflecting an increased demand for such properties in this area. This is likely because of the suburb’s location and due to the market’s relative affordability, compared to other parts of Sydney. Prices have been rising steadily over the past five years to hit a median of over $700,000, and apartments are selling quickly at low discount rates of less than 4%.

The Waitara railway station is a stop on the North Shore, Northern and Western Line. Families with kids will appreciate the presence of Waitara Public School and Our Lady of the Rosary Primary School.

Close
Metrics i HOUSE UNIT
$1,780,000 $700,000
1.69% -1.41%
23.40% -1.41%
10.38% 6.53%
$615 $520
13 181
1.80% 3.86%
N/A 77.4

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 5370
Median household income ($/weekly) 1413
Median age of persons 34
Median housing loan repayment ($/monthly) 2167
Average household size 2.3
  • Census Count Percent(%)
    0-4 years 420 7.8
    5-14 years 559 10.4
    25-34 years 1259 23.4
    35-44 years 1006 18.7
    45-54 years 499 9.3
    Others 1627 30.3
    Age Group
    Census Count Percent(%)
    Registered Married 2166 53.6
    Not Married 1605 39.7
    Defacto Relationship 268 6.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 2058 39.9
    Croatia 496 9.6
    Indonesia 415 8.0
    Lebanon 340 6.6
    Other 710 13.8
    Others 1144 22.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 284 5.7
    Christianity 2606 52.3
    Hinduism 468 9.4
    Islam 215 4.3
    No Religion 1264 25.4
    Others 145 2.9
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 169 8.1
    $1,000-$1,249 171 8.2
    $1,500-$1,999 309 14.8
    $2,000-$2,499 174 8.3
    $2,500-$2,999 262 12.6
    Others 1000 48.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1867 44.1
    Not in the labour force 1435 33.9
    Employed, worked part-time 605 14.3
    Unemployed, looking for work 216 5.1
    Employed, away from work 115 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 304 11.8
    Professionals 1007 38.9
    Technicians & trades workers 214 8.3
    Community & personal service workers 221 8.5
    Clerical & administrative workers 404 15.6
    Others 436 16.9
    Occupation
    Census Count Percent(%)
    Pre-school 87 6.9
    Infants/Primary 397 31.7
    Secondary 209 16.7
    Technical or Further Educational Institution 194 15.5
    University or other Tertiary Institutions 309 24.6
    Others 58 4.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 3664 73.0
    Separate house 981 19.6
    Semi-detached, row or terrace house, townhouse 368 7.3
    House or flat attached to a shop, office 4 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1037 47.0
    Being purchased 656 29.8
    Fully owned 463 21.0
    Other tenure type 49 2.2
    Tenure Type
Census 2011, ABS
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