Waratah, NSW
FAIR VALUE4,022 sales · 36 years of data · NSW, Australia
Waratah, NSW Property Market Overview
Waratah, postcode 2298, is a well-established suburb located in the Newcastle region of New South Wales. AusPropertyInsights.app data spans 36 years, recording a total of 4,022 property sales within Waratah. The current median property price (all types) in Waratah is $860,000, reflecting its desirability as a residential area.
Waratah offers a diverse property market, with a mix of houses and apartments. The current median house price sits at $935,000, while the median apartment price is $707,500. These figures provide a snapshot of the property values within Waratah as of early 2026, attracting a range of buyers from families to investors.
Property Mix
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Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Waratah
Top streets in Waratah, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Lorna St | $2,000,000 |
| 2 | Harriet St | $997,500 |
| 3 | Edith St | $1,024,425 |
| 4 | Bridge St | $1,060,000 |
... and 79 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Lorna St | $2,984/m² |
| 2 | Turton Rd | $2,539/m² |
| 3 | Grove St | $2,205/m² |
| 4 | Ada St | $2,626/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Platt St | +7.3% |
| 2 | Ada St | +7.8% |
| 3 | Lambton Rd | +6.4% |
| 4 | Prince St | +8.7% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
| # | Address | Median |
|---|---|---|
| 1 | 102 Bridge St | $410,000 |
... and 58 more buildings
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Waratah analysis
83 streets and 62 buildings to explore
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Waratah at a Glance
Waratah, NSW
Map data © OpenStreetMap contributors
Local Amenities
Living in Waratah, NSW
Waratah offers a convenient and community-oriented lifestyle for its residents. The suburb is home to Waratah Public School, catering to local families. For shopping needs, residents can easily access Waratah Village shopping centre and surrounding local shops. The suburb benefits from access to Waratah train station, providing convenient transport links to Newcastle CBD and surrounding areas.
Waratah Park offers green spaces for recreation and leisure. The suburb exudes a friendly atmosphere, making it a desirable place to live. With its mix of residential properties, schools, shops, and transport links, Waratah provides a balanced and fulfilling lifestyle for its residents.
Who Buys in Waratah?
The buyer profile in Waratah is diverse, reflecting the suburb's varied property options and lifestyle appeal. The median property price of $860,000 suggests that Waratah attracts a mix of first home buyers, families, and investors. The 18.6% strata ownership indicates a proportion of apartment dwellers, often attracting younger professionals or downsizers seeking low-maintenance living. The suburb's historical growth, with a 10-year CAGR of 7.2%, may also appeal to investors seeking long-term capital appreciation.
Market Analysis
Waratah's property market, as of early 2026, is currently assessed to be near its long-term trend, reflecting fair value. This indicates that property prices in Waratah are aligned with historical growth patterns and market fundamentals. This cycle position suggests a balanced market where neither buyers nor sellers hold a significant advantage.
Such a market condition in Waratah implies stability, which can be appealing to both prospective homeowners and investors. While fluctuations are always possible, the current cycle position points to a market operating within established parameters based on historical data.
Is Waratah a Good Investment?
Waratah's historical growth patterns suggest a stable and appreciating property market. With a 10-year CAGR of 7.2%, a 20-year CAGR of 5.7%, and a full-period CAGR of 6.8%, Waratah has consistently delivered growth. This growth is underpinned by its desirable location, access to amenities, and diverse housing options.
Currently, the Waratah market is assessed to be near its long-term trend, indicating fair value. This suggests that property prices are aligned with historical performance. Factors such as proximity to Newcastle CBD, access to transport links, and local amenities contribute to Waratah's ongoing appeal and underpin its property values. The mix of houses and apartments also caters to a broad range of potential buyers.
Waratah Market Outlook
As of early 2026, the Waratah property market is assessed to be near its long-term trend, indicating fair value. Recent price trends suggest a stable market, reflecting a balance between supply and demand. The suburb continues to attract buyers seeking a convenient location and access to amenities. The outlook for Waratah remains positive, with its established infrastructure and strong community appeal.
Streets & Location in Waratah, NSW
Located in the Newcastle region, Waratah, postcode 2298, boasts a diverse range of residential streets. AusPropertyInsights.app data identifies CHRISTO RD, PRINCE ST, and PLATT ST as streets with some of the highest median property prices in Waratah. With a total of 83 streets, Waratah offers a variety of living environments, from quiet residential areas to more bustling locales. Its proximity to Newcastle city centre and surrounding amenities enhances its appeal.
Market Dynamics
The property market in Waratah demonstrates relatively efficient transaction times. The average settlement time for properties in Waratah is currently 47 days. This reflects a streamlined process for property sales within the suburb. Data on quick-flip percentages is currently unavailable, but the average settlement time provides an insight into the pace of transactions within Waratah.
Development & Density
Waratah presents a mix of housing options, reflecting a balanced approach to development. The suburb contains 62 apartment buildings, contributing to the overall density of the area. The presence of these apartment buildings complements the more traditional housing stock, offering a variety of choices for residents. The blend of houses and apartments contributes to the diverse demographic and lifestyle options available in Waratah.
Growth & Property Mix
Waratah has demonstrated steady property value growth over the long term. Over the past 10 years, Waratah has experienced a compound annual growth rate (CAGR) of 7.2%. Looking further back, the 20-year CAGR stands at 5.7%, and the full-period CAGR across the 36 years of data is 6.8%. These figures reflect the historical performance of the Waratah property market. The property mix in Waratah includes a significant proportion of houses alongside apartments, with approximately 18.6% of properties being strata titled apartments.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.