Giving property investors a a solid capital gain of 23.40% for the last year, Waitara, 2077 is the 191th highest performer in Australia in this respect.
The five-year average increase in median property values for Waitara,2077 has given property investors a potential capital gain of 98.33% across each of those five years.
Situated 19.92km from the CBD, Waitara is one of Hornsby localities in the postcode 2077.
If you compare the increase in value of investment property in Waitara, 2077 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -1.41%.
Over the longer term, Waitara has seen property prices show investors a 9.38% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Waitara is $700000, with sellers offering an average of -4.82% off the asking price.
Residents and property investors in Waitara have been waiting around 77.4 days to sell a property.
Advertised rents are around the $520 mark per week – giving a return of 3.86% based on the median price in Suburb
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