OFF MARKET

1/55 Lorna Street
Waratah NSW 2298

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 91m2
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Property Details for 1/55 Lorna St, Waratah

1/55 Lorna St, Waratah is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1995. The property has a floor size of 91m2.

Building Type
Townhouse
Year Built
1995
Floor Size
91m2
Local Government
Newcastle

Last Listing description (October 2023)

- Two bedroom townhouse with single garage, opposite the Mater Hospital
- King size bedroom sizes, including built-in robes
- Open plan, air-conditioned living space with adjoining private courtyard

- Kitchen with gas cooktop, and dishwasher
- New bathroom with modern finishes
- Single garage with internal access
- Not really suitable for pets but a cat may be considered
- Opposite the Mater Hospital and within 2km of University of Newcastle and Waratah Shopping Village less

Property History for 1/55 Lorna St, Waratah, NSW 2298

A timeline of how this property has performed in the market
Listed for Rent
$480/w
27 Sep 2023
  • 26 Sep 2023
    Listed for Rent $480 / week
  • 18 Mar 2021
    Listed for Rent $420 / week
  • 21 Oct 2019
    Listed for Rent $375 / week
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About Waratah 2298

The size of Waratah is approximately 1.9 square kilometres. It has 5 parks covering nearly 10.1% of total area. The population of Waratah in 2011 was 4,759 people. By 2016 the population was 4,487 showing a population decline of 5.7% in the area during that time. The predominant age group in Waratah is 20-29 years. Households in Waratah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Waratah work in a professional occupation. In 2011, 51.5% of the homes in Waratah were owner-occupied compared with 48.8% in 2016.

Waratah has 2,404 properties. Over the last 5 years, Houses in Waratah have seen a 66.46% increase in median value, while Units have seen a 44.78% increase. As at 31 October 2024:

  • The median value for Houses in Waratah is $860,621 while the median value for Units is $603,408.
  • Houses have a median rent of $605 while Units have a median rent of $515.
There are currently 3 properties listed for sale, and 5 properties listed for rent in Waratah on OnTheHouse. According to CoreLogic's data, 101 properties were sold in the past 12 months in Waratah.

Suburb Insights for Waratah 2298

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.