40 Kimian Ave, Waratah West is a 1 bedroom, 2 bathroom House with 2 parking spaces and was built in 1985. While the property is not currently for sale or for rent, it was last sold in December 2024.
When position is key for your investment property this is well worth considering. With its sought after location, this property is located within short walk to the Newcastle University and bus stops. The property spans over two levels both accommodating kitchen, living and bathroom. All bedrooms are generous in size and offer built-in robes and furnishings. The property would also suit a large or combined family with room and space on both levels. This property is set up ready to be leased, no expense required. Currently returning $150.00 per room excluding outgoings.
Set on a generous north facing block of approximately 556m2, with granny flat potential (STCA)
- Ideal investment or large/combined family home
- 5 min walk (300m) to Newcastle University
- 3 min drive (1.7km) to Calvary Mater Hospital
- 4 min drive (2.3km) to Stockland Jesmond Shopping Centre
- 19 min drive (9.6km) to Newcastle CBD and Beaches
- Council rates approximately $2,100 per annum
- Water rates approximately $800 per annum (without usage)
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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