At number 3090th in the list of Australian suburbs ordered by increase in median house value over the last year, Waitara, 2077 is in the BOTTOM 30% with a property value increase of -0.54% recorded in median house prices.
On average over the past year, suburb has had 1.17 sales per month, which equates to 14 per year.
The NSW suburb of Waitara, 2077 is in the Hornsby local government area.
Giving property investors a an unimpressive capital gain of -1.41% for the last year, Waitara, 2077 is the 1185th highest performer in Australia in this respect.
While Waitara,2077 ranked number 411th in NSW for increase in median house value (annualised) increase, it is ranked 286th over the last 5 years.
Our latest figures would indicate that property sellers in Waitara are currently offering property investors an average price cut of -4.68% below the asking price at the moment.
On average over the past year, suburb has had 15.33 sales per month, which equates to 184 per year.
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
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Apartments benefit from CBD proximity
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