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Waratah
NSW, 2298 - Newcastle

Thinking about buying in Waratah? Now could not be a better time, with 2844 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $795,000 with prices in this suburb ranging from $229,000 to $5,966,000. Waratah is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $351.00
Median Monthly Mortgage $1843.67
Median Persons Per Bedroom 0.82
Average Household Size 2.00
Average Age 42.17
Average Income $826.50
Average Cars Per Dwelling 1.44
Average Properties Within 50M 22

Housing Stock

Average Property Prices

1 Bed  $501,000
2 Bed  $668,000
3 Bed  $916,000
4 Bed  $1,066,000
5 Bed  $1,136,000
6 Bed+$1,399,000

Waratah Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Waratah due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Waratah changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Waratah necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Waratah we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Waratah a better buying opportunity than it may have been in the past.

Houses for sale Waratah

Harcourts 18 QUE ST, WARATAH, TAS, 7321 Beds3 Bathrooms1 Parking 1 $290,000

Local Schools

Waratah Public School

Newcastle Senior School

Newcastle Middle School

Callaghan College Waratah Technology Campus

Corpus Christi Primary School

St Philip's Christian College DALE

St Philip's Christian College - Waratah

St Philip's Christian College DALE Young Parents

Waratah West Public School

Lambton High School

(While the above schools are located with the suburb of Waratah there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Waratah weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan7.35.613.859.592.46.622.4
Feb6.25.513.272.498.87.117.9
Mar10.05.411.979.598.86.312.0
Apr11.83.48.487.398.67.08.7
May12.52.26.484.796.68.55.5
Jun11.21.65.291.0997.05.6
Jul15.80.23.491.299.08.04.6
Aug12.3-0.33.788.498.67.87.3
Sept12.50.35.388.599.48.310.6
Oct14.11.37.880.898.88.815.7
Nov10.42.71074.198.87.420.4
Dec9.94.112.363.292.65.920.9

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

GeorgetownWaratah WestMayfieldHamilton NorthNorth LambtonLambtonMayfield WestWarabrookCallaghanBroadmeadow

Public Transport


General Points of Interest

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