NSW2298· Pop. 3,142Newcastle

WARATAH WEST

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

48

Liveability score

43

Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.

Median price

Real

$907,000

NSW VG · 2026

Rent yield

Real

3.1%

computed from govt data

Annual growth

Real

-3.8%

annualised from govt data

Vacancy rate

Est.

1.4%

modelled estimate

AI insights for WARATAH WEST

Investment analysis, risks & comparisons

PREMIUM

WARATAH WEST shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

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Investment analysis · Risk assessment · Suburb comparisons

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Median price sourced from NSW VG · 2026 — real government transaction data. Growth, demand and vacancy figures remain modelled estimates.

Median rent

$550/wk

NSW Fair Trading · Apr 2026

Demand change

+4.4%

annual shift

Yield × growth index

-0.3

combined signal

Net yield (est.)

2.64%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+5.0%

est. compound, long-run avg

10-yr growth (CAGR)

+6.7%

est. compound, long-run avg

Rental demand

51 / 100

Moderate demand

Supply pipeline

Est.

1.2%

new dwellings approved / stock · Modelled estimate

Low supply pressure

5-year price history

2020
$600k
2021
$713k
2022
$777k
2023
$987k
2024
$933k
2025
$943k
2026
$907k

Source: NSW VG · 2026 · all sources

Market overview

WARATAH WEST is a NSW suburb offering lower rental yield and moderate price growth. The local economy supports a stable rental base, with ongoing demand from owner-occupiers and investors seeking value outside capital cities.

Highlights

  • Rental yield 3.1% with stable tenant demand
  • Very low vacancy rate — high rental demand
  • Access to national transport network and amenities

Risk factors

  • High entry price may limit buyer pool
  • Below-average growth — limited capital appreciation signal
  • Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$1,617/wk

$49k taxable p.a.

Renters

42.0%

54.7% owner-occupier

Median age

36.0 yrs

Unemployment

4.5%

Population growth

+1.2% p.a.

Investor-owned

10.0%

of all dwellings (ATO)

Houses

86%

5% apartments

Degree qualified

19.0%

bachelor's or higher (ABS)

Work from home

11.0%

of employed residents (ABS Census)

Median lot size

1.1 ha

Large block

Household size

2.7 persons

avg per dwelling (ABS Census)

Short-term rental

11.8%

Active STR market

Market activity

Distance to CBD

117.2 km

Regional

Days on market

47 days

Slower market

Auction clearance

34.1%

Buyer's market

Walkability

17 / 100

Car-dependent

Coastal proximity

6.1 km

Near coast

NBN technology

Fixed Wireless

Regional — wireless tower

Population density

13/km²

Rural / semi-rural

Schools in postcode 2298

🏫3 Primary🎓1 Secondary📚1 Combined4 Special
ACARA 2025

🏫Primary (3)

Corpus Christi Primary School

Catholic · Yrs K-6 · Major Cities

ICSEA 1085(80%)
169 students15:1 student–teacher51% girls38% top SEA quarter

Waratah Public School

Government · Yrs P-6 · Major Cities

ICSEA 1019(56%)
351 students12:1 student–teacher51% girls22% top SEA quarter

Waratah West Public School

Government · Yrs K-6 · Major Cities

ICSEA 963(30%)
113 students9:1 student–teacher38% girls9% top SEA quarter

🎓Secondary (1)

Callaghan College Waratah Campus

Government · Yrs 7-10 · Major Cities

ICSEA 957(28%)
848 students12:1 student–teacher44% girls11% top SEA quarter

📚Combined (1)

St Philip's Christian College - Waratah

Independent · Yrs K-12 · Major Cities

ICSEA 1138(93%)
1,466 students13:1 student–teacher49% girls55% top SEA quarter

Special (4)

St Philip's Christian College Dynamic Learning

Independent · Yrs U · Major Cities

ICSEA 1022(56%)
223 students6:1 student–teacher34% girls20% top SEA quarter

Newcastle Middle School

Government · Yrs U · Major Cities

ICSEA 967(32%)
45 students5:1 student–teacher27% girls17% top SEA quarter

Newcastle Senior School

Government · Yrs U · Major Cities

ICSEA 960(29%)
37 students3:1 student–teacher24% girls12% top SEA quarter

St Philip's Christian College Young Parents

Independent · Yrs 10-12 · Major Cities

ICSEA 776(2%)
52 students9:1 student–teacher94% girls

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

Moderate
65/ 100

3.6 offences / 100 persons

Source: NSW BOCSAR · 2024-25

School quality

Average
987ICSEA · national avg 1000

9 schools in postcode area

Source: ACARA My School 2025

Transit access

Limited
26/ 100
🚆 1 train🚌 4 bus

Source: State GTFS feeds

Gentrification signal

15

/ 100

Stable / no signal

Established suburb with stable demographics. Consistent demand but lower gentrification upside.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

medium

Source: State GIS flood zone data

🔥

Bushfire risk

high

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

medium

Coastal exposure + state climate

Live suburb intelligence

Fetching live data…

Location

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