Suburb Profile Report for Waitara NSW (2077)

Waitara House: Median price $1,750,500, Annual capital growth 9.68%, Number of sales 14, Weekly median advertised rent $618

Waitara Unit: Median price $700,000, Annual capital growth 6.53%, Number of sales 184, Weekly median advertised rent $528

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

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.

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
$1,750,500 $700,000
N/A -2.23%
-0.54% -1.41%
9.68% 6.53%
$618 $528
14 184
1.83% 3.92%
N/A 75.77

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
Find a mortgage broker in Waitara NSW
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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