4/12 Oxley Rd, Waratah is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 907m2 and floor size of 6m2. While the property is not currently for sale or for rent, it was last sold in December 2016.
If you're looking for an investment property that virtually pays for itself then this is the one for you! With similar properties in the complex leased for $300 - $320 per week, you will find it difficult to find a better returning investment this close to Newcastle CBD. If you'd like to get out of the rental market and BUY instead, then here's an opportunity where the repayments are similar to the rent you would pay!
Perfectly positioned in a fully refurbished block of just 6 units, this fantastic property is the ideal investment or sanctuary for those who enjoy easy-care living.
The unit has been tastefully refreshed for contemporary living and features a large bedroom with built-in wardrobe, and open-plan living which extends to a large timber deck for alfresco entertaining or simply relaxing and unwinding.
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 2,402 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:
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