Suburb Profile Report for Waitara NSW (2077)

Waitara House: Median price $1,715,000, Annual capital growth 9.75%, Number of sales 11, Weekly median advertised rent $615

Waitara Unit: Median price $679,000, Annual capital growth 6.24%, Number of sales 172, Weekly median advertised rent $530

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

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.

Information supplied by:


November 2017

M
O

W
E
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
$1,715,000 $679,000
-9.26% -0.15%
-7.07% -5.69%
9.75% 6.24%
$615 $530
11 172
1.86% 4.06%
N/A 62.84

Source: CoreLogic

DSR Score for property investment : Below average (H), Above average (U)
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
Chart Table
Recent sales & rentals