If you compare the increase in value of investment property in Waitara, 2077 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 15.16%.
The five-year average increase in median property values for Waitara,2077 has given property investors a potential capital gain of 121.58% across each of those five years.
Advertised rents are around the $617.5 mark per week – giving a return of 1.83% based on the median price in Suburb
Over the last year, property investments in Waitara, 2077 have given investors a capital gain of 5.95%. This compares averagely with the 6.98% for NSW as a whole.
The five-year average increase in median property values for Waitara,2077 has given property investors a potential capital gain of 52.75% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Waitara, 2077. Typically our figures indicate that -4.14% is being offered, which puts this NSW suburb at 976th most discounted overall in Australia.
Situated 14.01km from the CBD, Waitara is one of Hornsby localities in the postcode 2077.
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