126 Lorna St, Waratah West is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 405m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in March 2025.
This well-positioned property presents a smart investment opportunity, offering a main residence plus a self-contained granny flat for strong dual-income potential or multi-generational living.
The property is set off Lorna Street in a quiet cul-de-sac and features three generous bedrooms, a tidy bathroom and living space.
The additional granny flat provides a separate living option ideal for tenants or additional rental income. A functional kitchen, low-maintenance backyard, and ample off-street parking are also on offer.
Located moments from the University of Newcastle, John Hunter Hospital, and Waratah Shopping Village, this property is ideally placed for consistent rental demand and long-term rental growth.
- Three-bedroom main residence plus self-contained granny flat
- Dual-income property currently returning $1060 with potential to increase
- Low-maintenance backyard with a covered outdoor area
- Single carport plus additional off-street parking
- Close to the University, hospitals, and major amenities
Outgoings:
Water rates: $827.64 approx per annum
Council rates: $2,141.76 approx per annum
Disclaimer:
All information provided by Presence Real Estate in the promotion of a property for either sale or lease has been gathered from various third-party sources that we believe to be reliable. However, Presence Real Estate cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in the information provided. Prospective purchasers and renters are advised to carry out their own investigations and rely on their own inquiries. All images, measurements, diagrams, renderings and data are indicative and for illustrative purposes only and are subject to change. The information provided by Presence Real Estate is general in nature and does not take into account the individual circumstances of the person or persons objective financial situation or needs.
The size of Waratah West is approximately 1.7 square kilometres. There are 11 parks, covering nearly 25.8% of the 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 1,368 properties. Over the last 5 years, Houses in Waratah West have seen a 38.56% increase in median value, while Units have seen a 50.04% increase. As at 30 June 2026:
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