Waratah, TAS 7321

Kentish CouncilAll suburbs in postcode 7321

Updated

Median house price

$550,000

Median unit price $192,240.

ABS statistical area (SA2) median · 2024

An SA2 can take in surrounding localities, so this can differ from sales in Waratah itself.

Selling in Waratah?

Get the free selling guide, personalised to Waratah, or ask for a free appraisal from a local agent.

House prices in Waratah

Across the ABS statistical area that takes in Waratah, houses changed hands at $550,000 in 2024, below the Tasmania median. An SA2 can take in surrounding localities, so this can differ from sales in Waratah itself. Units come in around $192,240, roughly 65% below the house median.

For buyers

A 20% deposit on the median house works out to roughly $110,000. Prices are below the Tasmania median, which keeps Waratah on the radar for first-home buyers and right-sizers.

See what you can borrow

Weekly rent (house)
$230/wk
Weekly rent (unit)
$196/wk

Rental data as of April 2026

Free appraisal in Waratah

What’s your home worth in Waratah?

Ask us to introduce one participating agent who sells in your area for an appraisal backed by recent comparable sales. Only with your permission, and no commitment to list.

What to know about Waratah

Waratah (7321) sits in the Kentish region of Tasmania. The median house here is $550,000, below the Tasmania median of around $650K.

Daily life is car-dependent: most residents drive to work, school and the shops.

What it’s like to live here

Waratah scores 4/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.

Summer days here average around 19°C (mild), winter mornings around 3°C (cold). Annual rainfall lands at about 1,978 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).

Schooling within or near the suburb covers 1 Catholic.

Schools in Waratah

Schools serving Waratah: government first, then Catholic and independent.

Government schools

Rosebery District School

K-12Co-edGovernment
Catchment

Yolla District School

K-12Co-edGovernment
Catchment

Non-government schools

St Joseph's Catholic School

Prep-6Co-edCatholic
Catchment

© ACARA, licensed under CC BY 4.0.

Location

Walkability

Walk
4/100
Transit
0/100
Bike
0/100

Very car dependent. Scores out of 100, calculated from OpenStreetMap data (ODbL).

Walkability data as of May 2026· OpenStreetMap

Demographics

Investment overview

Gross rental yield on houses sits at 2.17% (median rent $230/wk against a $550,000 price tag). Units yield 5.30% gross, often the better cash-flow play for first-time investors.

Gross yield, housesSource: ABS Data by Region (SA2-level, 2024) · Dec 2024
2.17%
On the $550,000 median
Gross yield, unitsSource: ABS Data by Region (SA2-level, 2024) · Dec 2024
5.30%
On the $192,240 median

Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.

Weather year-round

Annual rainfall
1,978 mm
Hottest month, avg max
18.7°C
Coldest month, avg min
2.5°C
Rainfall by month
J
F
M
A
M
J
J
A
S
O
N
D

Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.

Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations

Questions about Waratah

What is the median house price in Waratah?
The median house price for the ABS statistical area (SA2) that takes in Waratah, TAS 7321 is $550,000 (2024). An SA2 can take in surrounding localities, so this can differ from sales in Waratah itself. The median unit price is $192,240.
How much is my house worth in Waratah?
A useful starting point is the Waratah median house price of $550,000 (units $192,240). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
What is the Waratah postcode?
Waratah is in the 7321 postcode, in TAS, in the Kentish Council region.
Where is Waratah?
Waratah is a suburb in the Kentish Council area, TAS 7321.
What is the average rent in Waratah?
The median weekly rent for houses is $230, for units it's $196.
What schools are in Waratah?
There are 3 schools serving Waratah on this page, including Rosebery District School, St Joseph's Catholic School, Yolla District School.
How walkable is Waratah?
Waratah has a Walk Score of 4 out of 100, highly car-dependent. transit score 0, bike score 0.
What suburbs are near Waratah?
Waratah is close to Luina, Guildford, Parrawe, Oonah, Savage River.

Selling in Waratah? Get the free selling guide

What selling costs, how agents price homes, what to ask them and a 12-week plan to settlement, personalised to Waratah. A free PDF, in about a minute.

Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data

How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.