EDITION 12

Newcastle Living

Local Insights:
Western City Fringe

The Western City Fringe comprises Georgetown, Hamilton North, Waratah and Waratah West – another group of older suburbs with a mix of single-storey cottages popular among renovators as well as knock-down rebuilds.

Local Insights: Western City Fringe

These suburbs are all still within a 15 minute drive of the Newcastle CBD, but also central to other hubs like Kotara and Charlestown.

Waratah is home to Waratah Village, a popular shopping centre, while Georgetown has more of a small community atmosphere with its small strip of family-owned shops and cafes. The streets of Waratah West are largely elevated, lending to bigger blocks and multi-storey dwellings. The nearby University of Newcastle has drawn in more and more investors, as well as newer developments serving as student accommodation.

Hamilton North is a small suburb that encompasses the area north of the Newcastle Showground and Entertainment Centre.

Recent figures revealed the median house sale in Hamilton North as $912,000, while the average in Waratah West was $750,000. Units in Waratah and Waratah West sold for $631,500 and $715,995 respectively. The best suburb for return on investment for houses was Waratah West at 4.05%, while units in Waratah can return 3.9%.

HIGHLIGHTS

Waratah Village | Mater Hospital | Proximity to the University of Newcastle | Proximity to The Forum Gym and Aquatic Centre | The George Espresso | The Coffee Benders | Georgetown Bakery | Hamilton North Bowling Club | Smith Park | Waratah Park Playground | Proximity to shops and restaurants on Beaumont Street

HOUSES

Median House Price
Hamilton North

$912,000

Best Return on Investment
Waratah West = 4.05%
Georgetown = 3.76%
Waratah = 3.46%

UNITS

Median Unit Price
Georgetown

$952,725

Best Return on Investment
Waratah = 3.90%
Waratah West = 3.52%

Barry Price

Tony Gough
Licensed Real Estate Agent and Auctioneer
Phone 0435 859 364

Brett Bailey

Brett Bailey
Licensed Real Estate Agent and Auctioneer
Phone 0432 601 051