117 Lorna Street, Waratah West, NSW 2298 | Property Value & History | OnTheHouse
OFF MARKET

117 Lorna Street
Waratah West NSW 2298

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 458m2
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Property Details for 117 Lorna St, Waratah West

117 Lorna St, Waratah West is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 458m2. While the property is not currently for sale or for rent, it was last sold in April 2020.

Building Type
House
Year Built
1960
Land Size
458m2
Local Government
Newcastle
Lot/Plan
90/DP38080

Last Listing description (April 2021)

Position is so important when purchasing an investment property. If you could buy across from a major hospital, down the street from the city's university and put a refurbished granny flat and four bedroom house into the mix, that would be an ideal investment property.

I am excited to introduce such a property to the market. On offer is a four bedroom timber and tile home currently returning $400 per week plus the spacious granny flat with full services.

In the main house you will be pleasantly surprised with high ceilings, timber floorboards and large windows giving plenty of natural light. There is a modern kitchen with generous cupboards and ample bench space with the open plan dining/lounge area off the kitchen. Tidy modern bathroom facilities compliment this home with shower, vanity and toilet. There is a second W.C in the laundry for added convenience.

In the granny flat there is a generous bedroom and full size bathroom but could easily be converted to a two bedroom unit. The kitchen and sitting area are open plan and there is split cycle air conditioning.

This prime investment property is set on a 458m2 corner block and offers three off street parking spaces plus a no fuss level yard area.

For further details or to organise your private inspection (subject to COVID-19 safety protocols) contact Allen Reece 0409 814 400 or the sales team on 4950 2025 or email sales@reecerealty.com.au

Property History for 117 Lorna St, Waratah West, NSW 2298

A timeline of how this property has performed in the market
Last Sold
$500,000
27 Apr 2020
Listed for Rent
$239/w
15 Apr 2020
  • 27 Apr 2020
    Sold for $500,000
  • 02 Apr 2020
    Listed for Sale $525,000
  • 02 Apr 2020
    Listed for Rent $260 / week
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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 2016 was 2988 people. By 2021 the population was 3142 showing a population growth of 5.2% 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 2021, 52.90% of the homes in Waratah West were owner-occupied compared with 55.60% in 2016.

Waratah West has 1,359 properties. Over the last 5 years, Houses in Waratah West have seen a 73.00% increase in median value, while Units have seen a 39.10% increase. As at 30 November 2025:

  • The median value for Houses in Waratah West is $984,984 while the median value for Units is $645,744.
  • Houses have a median rent of $620 while Units have a median rent of $570.
There are currently 5 properties listed for sale, and 4 properties listed for rent in Waratah west on OnTheHouse. According to Cotality's data, 62 properties were sold in the past 12 months in Waratah west.

Suburb Insights for Waratah West 2298

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.