OFF MARKET

27 Harriet Street
Waratah NSW 2298

Bedrooms: 4
Bathrooms: 3
Car spaces: -
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 27 Harriet St, Waratah

27 Harriet St, Waratah is a 4 bedroom, 3 bathroom Unit.

Building Type
Unit
Local Government
Newcastle

Last Listing description (August 2022)

Calling all investors!

Already converted into three units, this property is a unique investment opportunity. A combined rental return within the vicinity of $925/week is achievable, with two of the three units already occupied by long term tenants.

A savvy floorplan offers each unit living, modern kitchen, bedroom/s, private bathroom, and laundry facilities. Investing in a highly sought-after location, never looked so easy.

Situated on a corner block and within walking distance to Waratah's lifestyle conveniences and transport. A short commute to Newcastle University or Newcastle CBD.

Highlights:
-- 527 sqm corner block
-- Home is currently split into three units which is returning within the vicinity of $925/week (based off all units being leased)
-- Unit 1 comprises of large living, modern kitchen with gas cooking, one generously sized bedroom and spacious bathroom which incorporates laundry facilities. Currently returning $265.00 per week with a long-term tenant.
-- Unit 2 comprises of large living with study nook, eat in kitchen with gas cooking, two generously sized bedrooms, bathroom with separate internal laundry. Currently returning $340.00 per week with a long-term tenant.
-- Unit 3 has recently been painted internally throughout and comprises of large living, modern kitchen with gas cooking, one generously sized bedroom, bathroom with bathtub and separate internal laundry. Rental potential of $320.00 per week.
-- Off street parking is available for each unit
-- Within walking distance to Waratah Shopping Village (450m), Waratah Public School (150m), transport and Waratah Train Station (950m)
-- Close vicinity to Mater Hospital (1.5km)
-- A short commute to Newcastle University (4.3 km) and under 15 minutes to Newcastle CBD.

For more information and inspections contact Dave or Damian on 4967 6770.

Disclaimer:
Disclaimer: All information contained herein has been gathered from sources we consider reliable. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is in fact accurate.

Property History for 27 Harriet St, Waratah, NSW 2298

A timeline of how this property has performed in the market
  • 20 Jun 2022
    Listed for Sale Under Contract
  • 05 Jul 2018
    Listed for Sale $650,000 - $700,000

Commute Calculator

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 4 properties listed for sale, and 5 properties listed for rent in Waratah on OnTheHouse. According to CoreLogic's data, 100 properties were sold in the past 12 months in Waratah.

Suburb Insights for Waratah 2298

Market Insights
Waratah Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Waratah Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.