Property value increases in Waratah have tracked just higher than the NSW average of 8.12% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Waratah comes in at number 407th in NSW.
At number 1025th of NSW’s most discounted properties, Waratah is in the TOP 20% of the state/territory when listing in order of most discounted to least.
A $430 per week rent on the median house gives suburb investors a gross yield of circa 3.73%, without taking into account capital value appreciation, which has been averaging out at 7.15%.
With a capital gain of 21.33% for the last 12 months, Waratah, 2298 has performed for property investments than its average annual 8.90% property growth over the last 5 years.
Waratah,2298 has offered an average of 21.33% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Waratah is giving property investors an average Vendor Discount of around -3.84%. This puts suburb at number 321th in NSW when ranking the most discounted suburbs.
On average over the past year, suburb has had 2.42 sales per month, which equates to 29 per year.
A $332.5 per week rent on the median house gives suburb investors a gross yield of circa 3.80%, without taking into account capital value appreciation, which has been averaging out at 8.90%.