41 Stannett St, Waratah West is a 7 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 598m2 and floor size of 598m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 7 bedroom House sold in Waratah West in the last 12 months.
Just 500m from the University of Newcastle, this is the kind of asset investors chase but rarely secure. Configured as three separate dwellings, it's already proven its earning power with a combined return of $1,395 per week, and with vacant possession, you've got the flexibility to reset, re-lease or optimise from day one.
Two well-presented three-bedroom units sit under one roofline with updated kitchens and bathrooms, while a separate one-bedroom granny flat at the rear adds a third income stream with scope to further value-add and lift returns.
The proximity to UoN and Calvary Mater Hospital keeps demand strong and consistent, while easy access to the CBD, beaches, M1 and Jesmond Central only strengthens the long-term growth story. This is smart investing with immediate income and upside still on the table.
- 600.7sqm block
- Front 3-bed unit freshly painted with new carpet to bedrooms, updated kitchen/bathroom
- Off street parking and shared laundry
- Rear 3-bed unit, updated kitchen/bathroom
- Private one bedroom granny flat with kitchenette and scope to update
Waratah West Public School – 1400m, Corpus Christi – 2.1km, St Philip's – 2.5km, Callaghan College Jesmond – 3.1km, Callaghan College Waratah – 3.1km,
CBD, beaches and Jesmond Central shopping.
Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
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 1,367 properties. Over the last 5 years, Houses in Waratah West have seen a 36.48% increase in median value, while Units have seen a 44.48% increase. As at 31 July 2026:
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