FOR SALE
Selling Guide: $950,000 - $1,030,000

5/41A Stannett Street
Waratah West NSW 2298

Bedrooms: 6
Bathrooms: 6
Car spaces: 1
Land area: 296m2
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Put simply, sound investment geared to the student lifestyle

Just steps away from the University of Newcastle, this modern townhouse is perfectly tailored for the student lifestyle. This six-bedroom, six-bathroom residence is already secured with tenants and generating a solid $1,850 weekly—now that's a prime investment!
Positioned in a gated complex of five properties, the home boasts a spacious open-plan living area complete with dining and kitchen spaces, and convenient parking with a single garage. The layout is thoughtfully designed with two bedrooms and two bathrooms on the ground floor and four en-suited bedrooms upstairs, ensuring privacy and comfort for all.
Situated in a rapidly developing area a mere 15-minute drive from Newcastle CBD and its beautiful beaches. The M1 and Hunter Expressway are equally accessible, making travel a breeze. For everyday essentials, Jesmond Central and Waratah Village are close by.
- Dual storey townhouse completed 2017 in gated community of six homes
- Excellently maintained as student accommodation
- Six bedrooms (2 downstairs, 4 upstairs)
- Five ensuite bathrooms plus a main bathroom
- Open plan living areas, fully equipped kitchen with gas cooktop, under bench oven, dishwasher
- Fully let returning $1,850 per week
- Council Rates: Approx. $1,850 p/a
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Property Details for 5/41a Stannett St, Waratah West

5/41a Stannett St, Waratah West is a 6 bedroom, 6 bathroom Townhouse with 1 parking spaces. The property has a land size of 296m2. The place is currently for sale with Wilton Lemke Stewart.

Building Type
Townhouse
Land Size
296m2

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About Waratah West 2298

The size of Waratah West is approximately 1.7 square kilometres. It has 11 parks covering nearly 25.8% of total area. The population of Waratah West in 2011 was 2,676 people. By 2016 the population was 3,000 showing a population growth of 12.1% in the area during that time. The predominant age group in Waratah West is 20-29 years. Households in Waratah West are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Waratah West work in a professional occupation. In 2011, 60.4% of the homes in Waratah West were owner-occupied compared with 55.6% in 2016.

Waratah West has 1,350 properties. Over the last 5 years, Houses in Waratah West have seen a 68.31% increase in median value, while Units have seen a 44.01% increase. As at 30 November 2024:

  • The median value for Houses in Waratah West is $853,679 while the median value for Units is $604,871.
  • Houses have a median rent of $575 while Units have a median rent of $545.
There are currently 3 properties listed for sale, and 2 properties listed for rent in Waratah west on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Waratah west.

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James English
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