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Investment Property Waratah West, NSW, 2298

Suburb Snapshot

Waratah West is a suburb in the Newcastle Region of New South Wales. Waratah West has a population of 2,992 people and 36.82% of its occupants live in rental accommodation. The median listing price for houses is $785,000 and this has changed 9.02% over the past year and changed 7.90% over 2 years.

The median rent in Waratah West for houses is $600 per week and the median rental yield is 3.97%. Stock on the market for houses/townhouses has changed 37.50% compared to last year and the average time to sell a house/townhouse is 36 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Waratah West is $480 per week, producing a rental yield of NA.

Supply & Demand in Waratah West, Newcastle

2.93%

Current vacancy rate


39

Rental stock available


2,992

Population


36.82%

Rental population


1.06%

Current vacancy rate


872

Rental stock available


155,409

Population


31.53%

Rental population


1.02%

Current vacancy rate


37,155

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Waratah West, Newcastle

  House Townhouses Units
Median listing price $785,000 NA NA
Median price change - last quarter 4.66% NA NA
Median price change - 1 year 9.02% NA NA
Median price change - 2 years 7.90% NA NA
  House Townhouses Units
Median weekly rent $600 $585 $480
Median yield % 3.97% NA NA
Median rent change - 1 year 9.09% 1.73% 4.34%
  House Units
Previous month sales 7 0
Stock on market previous month 11 0
Stock variance vs. last year 37.50% -100.00%
Average days on market 36 NA

Waratah West investment property listings

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