Over the last year, property investments in Waitara, 2077 have given investors a capital gain of -7.07%. This compares very badly with the 2.31% for NSW as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Waitara has increased when compared to the 5 year average annual rate.
On average over the past year, suburb has had 0.92 sales per month, which equates to 11 per year.
Waitara is 1496th on a list of best yielding suburbs for rents in NSW with a 1.86% return
Waitara, 2077 ranked 492th in NSW when comparing growth in median property values or capital gain over the last 12 months. Waitara is one of 3163 in our list for NSW
Waitara,2077 was ranked 941 in Australia by increase in median property value over the quarter.
At number 157th of NSW’s most discounted properties, Waitara is in the bottom 30% of the state/territory when listing in order of most discounted to least.
In the last year 172 properties changed hands in Waitara, which puts it as the 61th most active market in NSW when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $27560 per annum or $530 every week.
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