Waratah
Suburb profile, market snapshot and recent listings for Waratah, NSW 2298.
About Waratah
Welcome to Waratah
Waratah sits around six kilometres west of Newcastle's city centre, a settled and leafy pocket of the inner-west corridor that has long served as a practical, well-connected alternative to the coastal suburbs. With Georgetown and Mayfield to its east, Mayfield West and North Lambton nearby, and Waratah West extending the suburb further out, it's a part of Newcastle that locals know for its solid housing stock, community feel and easy reach of both the CBD and the John Hunter Hospital precinct.
It's a suburb that tends to suit families and downsizers alike — the median age of 41 reflects a mature, settled population of just under 5,000 people, and the mix of established homes and a handful of newer townhouses gives buyers genuine choice without the suburb losing its character.
Lifestyle & dining
Waratah's day-to-day life revolves around its own local strip and the easy spillover into neighbouring Mayfield, where a stronger café and retail scene has developed in recent years. Within the suburb itself, residents rely on a scatter of everyday cafés, takeaway spots and services that cater to the steady foot traffic around Waratah Public School and the local shops, while more elaborate dining and boutique retail tends to draw people toward Mayfield or into the city.
Shopping
For day-to-day needs, Waratah has a compact local shopping strip that covers groceries, pharmacies and everyday essentials, with Mayfield's retail strip a short drive or bus ride away for a broader range of shops, supermarkets and speciality stores. Bigger shopping trips are easily managed with Newcastle's CBD and its major retail centres only a few kilometres east.
Getting around
Waratah's location just off the New England Highway and close to the Sydney–Newcastle rail corridor makes it a genuinely convenient base, with bus services connecting residents into central Newcastle, John Hunter Hospital and the University of Newcastle's Callaghan campus. The suburb's proximity to Newcastle's rail network and main arterial roads also makes commuting toward the Hunter Valley or south toward Sydney relatively straightforward, while the compact, walkable layout of the suburb itself suits those who prefer to leave the car at home for local errands.
Schools & families
Education is one of Waratah's strong suits, with an unusually dense cluster of schooling options for a suburb of its size. Waratah Public School anchors the local primary years, while Newcastle Middle School and Callaghan College Waratah Campus cover the older year groups. The St Philip's Christian College network has a significant presence here too, with its Waratah campus, the Dynamic Learning program and the Young Parents school all based in the suburb, giving families a genuine choice of independent and public pathways without having to leave the area.
Parks & recreation
Waratah's streets are dotted with local parks and sporting grounds that give the suburb a green, open feel despite its inner-city proximity, and its flat, established layout makes it popular with walkers and cyclists. The suburb's location also puts Newcastle's broader recreational assets — including the harbour foreshore and the city's beaches — within easy reach for weekend outings.
The property market
Waratah's property market reflects its status as a well-established, tightly held inner-west suburb. The median house price currently sits at $975,000, having grown by 6.8% recently, a sign of steady, ongoing demand rather than a speculative spike. Median rents of $700 a week point to solid tenant demand, likely underpinned by the suburb's proximity to the hospital and university precincts.
Houses dominate the current listings, making up 77% of stock, with townhouses accounting for 19% and apartments or units a smaller 4%. That mix suits buyers looking for a traditional freestanding home with some scope for renovation, while the smaller townhouse and unit segment offers an entry point for those wanting lower-maintenance living in the same well-located pocket.
Market snapshot
Waratah property market
Median sale price
$975k
House · 3 bed
Median rent
$700
per week
Gross rental yield
3.7%
annual rent ÷ sale price
Typical price range
Entry
$824k
Median
$975k
Premium
$1.23m
Days on market
17
Auction clearance
0%
Sold this year
37
Median sold price trend · House 3 bed
Compound growth +2.9% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Waratah by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Waratah, NSW 2298.
Population
4,927
residents (2021)
Median age
41
years
Household income
$1,511
median, per week
Median rent
$350
per week
Median mortgage
$1,827
per month
Mortgage / income
28%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Waratah
Government school catchment
Independent & Catholic schools
Recent results
Recently sold in Waratah
$830k
184 Turton Road
Sold ~July 2026
$1.04m
12 Grove Street
Sold ~July 2026
$860k
59 Edith Street
Sold ~June 2026
$860k
24 Clarence Road
Sold ~June 2026
$950k
70 Bridge Street
Sold ~June 2026
$900k
122 Turton Road
Sold ~June 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Waratah
Compare the area
Price map around Waratah
Every listing for sale near Waratah, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
Loading price map…
Common questions
Waratah suburb FAQ
What is the median property price in Waratah?
The median house price in Waratah, NSW is $975k for a 3-bedroom home. Over the past year, median sold prices have risen about 6.8%.
How much is rent in Waratah?
The median weekly rent in Waratah is around $700 per week.
Is Waratah a good place to live?
Waratah is an established residential suburb in NSW, with a population of around 4,927 and 6 schools in the area.
What is the population of Waratah?
Waratah has a population of 4,927 (ABS 2021 Census), with a median age of 41.
What schools are in Waratah?
There are 6 schools in or near Waratah, including Newcastle Middle School, St Philip's Christian College Dynamic Learning and St Philip's Christian College - Waratah.
How long do homes take to sell in Waratah?
Properties in Waratah take around 17 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Waratah?
Entry-level properties in Waratah start around $824k, while premium homes reach $1.23m.
What suburbs are near Waratah?
Suburbs near Waratah include Waratah West, Georgetown, Mayfield, North Lambton and Mayfield West.
Available now