All About Waratah, Newcastle, NSW, 2298
Waratah, a suburb located in Newcastle, NSW, represents a fascinating segment of the region's housing market. Known for its blend of historical charm and modern convenience, Waratah features a diverse mix of residential properties, from classic Federation homes to contemporary townhouses. The suburb is characterized by tree-lined streets and well-sized blocks, which appeal to families, professionals, and retirees alike. In recent years, Waratah has witnessed steady growth in property values, reflecting broader trends in the Newcastle area where demand continues to surge. This demand is driven by Waratah's strategic location, providing residents with easy access to Newcastle's city center and nearby amenities, including schools, parks, and shopping centers. The housing market here tends to attract buyers looking for a balance between urban and suburban living, often with more space than inner-city counterparts.
Living in Waratah offers a distinct lifestyle that combines community spirit with city convenience. Residents enjoy a sense of authenticity and local heritage, with a variety of community events and activities that foster a tight-knit atmosphere. The suburb is home to Waratah Village, a convenient shopping hub that caters to daily needs, alongside a selection of cafes and eateries that add to the local charm. Additionally, Waratah benefits from excellent public transport links, including regular bus services and close proximity to the Waratah train station, making commuting easy for those working in Newcastle or nearby regions. The area's educational facilities are another highlight, with several reputable schools attracting families to the suburb. Surrounded by green spaces like Waratah Park and the scenic views at nearby Lambton Park, the area offers plenty of opportunities for outdoor activities, making it an appealing place for those who value a balanced and active lifestyle.
Household Makeup
| Median Weekly Rent | $351.00 |
| Median Monthly Mortgage | $1843.67 |
| Median Persons Per bed houseroom | 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 |
| Typical 1 bed house | $501,000 |
| Typical 2 bed house | $668,000 |
| Typical 3 bed house | $916,000 |
| Typical 4 bed house | $1,066,000 |
| Typical 5 bed house | $1,136,000 |
| Typical 6 bed+ house | $1,399,000 |
Housing Stock
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Waratah Real Estate Market Outlook
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.
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.
Instant Property ValuationHouses for sale Waratah
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15 Duncanson Street, Waratah, TAS, 7321 |  |
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$69,000 |
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
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 | |
|---|---|---|---|---|---|---|---|
| Jan | 7.3 | 5.6 | 13.8 | 59.5 | 92.4 | 6.6 | 22.4 |
| Feb | 6.2 | 5.5 | 13.2 | 72.4 | 98.8 | 7.1 | 17.9 |
| Mar | 10.0 | 5.4 | 11.9 | 79.5 | 98.8 | 6.3 | 12.0 |
| Apr | 11.8 | 3.4 | 8.4 | 87.3 | 98.6 | 7.0 | 8.7 |
| May | 12.5 | 2.2 | 6.4 | 84.7 | 96.6 | 8.5 | 5.5 |
| Jun | 11.2 | 1.6 | 5.2 | 91.0 | 99 | 7.0 | 5.6 |
| Jul | 15.8 | 0.2 | 3.4 | 91.2 | 99.0 | 8.0 | 4.6 |
| Aug | 12.3 | -0.3 | 3.7 | 88.4 | 98.6 | 7.8 | 7.3 |
| Sept | 12.5 | 0.3 | 5.3 | 88.5 | 99.4 | 8.3 | 10.6 |
| Oct | 14.1 | 1.3 | 7.8 | 80.8 | 98.8 | 8.8 | 15.7 |
| Nov | 10.4 | 2.7 | 10 | 74.1 | 98.8 | 7.4 | 20.4 |
| Dec | 9.9 | 4.1 | 12.3 | 63.2 | 92.6 | 5.9 | 20.9 |
source: Australian Government Bureau of Meteorology
Public Transport
Tullah - Wee Georgie Wood - Greater then 10KM
General Points of Interest
Mountain Vista Golf Club - Greater then 10KM
Kenworthy's Stamper Mill - Greater then 10KM
Water Tunnel - Greater then 10KM
Nearby Suburbs
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