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Waitara, almost at the northernmost end of Sydney, is a small, high-density residential area, 80% of which are apartments, most of which are small units, and several new developments are currently under construction.
Because Waitara is close to (Hornsby), another consumer hot spot on the north shore, and Sydney Adventist Hospital, a famous private hospital, is close at hand, and there are many famous schools in the surrounding urban area, the property in this district is very popular with investors. In particular, the threshold to enter the market is relatively lower than a section of the apartment stand-alone housing.
Recognize Waitara
- Sydney up to the north coast, about 35 minutes by car from downtown Sydney
- Less than 1 square kilometre, high-density residential area
- 80% of homes belong to apartments, with less than 300 separate housing units
- An average of 2.4 people per household, with 55 per cent of the dwellings being 2 bedrooms
- Rental units accounted for 43% of the total number of dwellings, with a vacancy rate of 2.71%
- Of the nearly 6,000 residents in the region, 20% are of Chinese origin
- More than 40% of the employed are professionals, with a median household income of about $2,000 per week
- There aren't many shops, but there are big shopping malls in the neighborhood of Conseby.
- The public primary school Waitara Public School has elite classes, while Cosby has women's elite secondary schools.