41 University Drive, Waratah West, NSW 2298 | Property Value & History | OnTheHouse
 
FOR SALE

41 University Drive
Waratah West NSW 2298

Bedrooms: 5
Bathrooms: 2
Car spaces: 1
Land area: 560m2
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Property Details for 41 University Dr, Waratah West

41 University Dr, Waratah West is a 5 bedroom, 2 bathroom House with 1 parking spaces and was built in 1955. The property has a land size of 560m2.This Property is currently listed for sale with ReeceRealty - Newcastle

Building Type
House
Year Built
1955
Land Size
560m2
Local Government
Newcastle
Lot/Plan
21/DP29831

Last Listing description (December 2025)

A must to be inspected, there is more on offer in this unique property than is possible to adequately describe. This has been an exceptionally high yield investment with two homes on the 563m2 site generating a weekly gross return of $2,060.

These properties sit opposite Newcastle University allowing easy access for students requiring the proximity of University facilities. For students without cars, public transport is available at the door, an attractive addition for those interested in seeing more of Newcastle than just the campus.

House 'A' is a five bedroom home with a spacious living area and stylish kitchen. In all five bedrooms there are built in wardrobes and ceiling fans. Two bathrooms each offer modern fixtures with a separate shower, WC and vanity. An internal laundry is centrally located for easy access. Kitchen and dining facilities are contemporary in design, open plan and low maintenance.

House 'B' has a larger footprint with six bedrooms, all with built-in wardrobes & ceiling fans. Two fresh bathrooms service this home and they also have an internal laundry plus a third W.C. Generous, open plan kitchen/dining & living areas are easy care & well designed for purpose.

An excellent investment option for any discerning investor, this property is managed by our experienced Student Accommodation Department on residential leases, taking the worry away for the day to day operations.

For further details on this exceptional investment contact leading Allen Reece on 0409814 400 or speak to the sales team on 4950 2025

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Property History for 41 University Dr, Waratah West, NSW 2298

A timeline of how this property has performed in the market
Last Sold
$1,070,000
13 Apr 2022
Listed for Rent
$160/w
09 Dec 2022
  • 15 Dec 2025
    Listed for Rent $245 / week
  • 15 Oct 2025
    Listed for Sale $1,250,000-$1,350,000
  • 19 Jun 2025
    Listed for Rent $235 / 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 4 properties listed for sale, and 1 property listed for rent in Waratah west on OnTheHouse. According to Cotality's data, 64 properties were sold in the past 12 months in Waratah west.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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