OFF MARKET

11/11A University Drive
Waratah West NSW 2298

Bedrooms: 6
Bathrooms: 2
Car spaces: -
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Last updated 11 Nov 2024
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Property Details for 11/11a University Dr, Waratah West

11/11a University Dr, Waratah West is a 6 bedroom, 2 bathroom House.

Building Type
House
Local Government
Newcastle

Last Listing description (September 2022)

To enquire, please email or call 1300 815 051 and enter code 5428

Currently with a combined rental return of $820 per week this property provides a solid income for those looking to invest. There is opportunity for the savvy purchaser to live in or renovate one dwelling, whilst making good return on the second.

There is dual street access providing separate entries on the large 550sqm block, also neatly divided by fencing, affording privacy and backyard space to both dwellings. The older-style single level home is situated at the front of the block, and it has four bedrooms, one bathroom and a separate lock up garage with workspace. At the rear, you will find a modern two-bedroom self contained granny flat with one bathroom, and large deck for entertaining.

Perfectly positioned directly opposite the University of Newcastle campus, a short stroll (400m) to the Calvary Mater hospital and only minutes away to every suburban convenience including shops, services and cafes, which are all serviced by easily accessible bus routes.

With rent returns on the rise, don't let this opportunity pass you by!

Outgoings:
Water: $711 pa + usage*
Council: $1,935 pa*

Disclaimer:
All information contained herein believes to be accurate. Any interested parties are advised to make their own enquiries to satisfy themselves in all respects.


To enquire, please email or call 1300 815 051 and enter code 5428

Property History for 11/11a University Dr, Waratah West, NSW 2298

A timeline of how this property has performed in the market
  • 14 Aug 2022
    Listed for Sale $859,000

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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 1,318 properties. Over the last 5 years, Houses in Waratah West have seen a 71.26% increase in median value, while Units have seen a 43.29% increase. As at 31 October 2024:

  • The median value for Houses in Waratah West is $843,824 while the median value for Units is $597,434.
  • Houses have a median rent of $593 while Units have a median rent of $545.
There are currently 4 properties listed for sale, and 2 properties listed for rent in Waratah west on OnTheHouse. According to CoreLogic's data, 73 properties were sold in the past 12 months in Waratah west.

Suburb Insights for Waratah West 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.