Kentish Council
Waratah
Waratah at a glance
Median house
$550,000
Median unit
$192,240
Walk score
4
Very car dependent
Population
4,968
Median age 46
The brief
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.
Waratah has roughly 4,968 residents, with an established, older skew. Households are dominated by renters. Daily life is car-dependent: most residents drive to work, school and the shops.
Day to day
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.
Schooling within or near the suburb covers 1 Catholic.
Who lives here
Demographics.
The 2021 Census put Waratah's population at 4,968, with a median age of 46. That sits as an established, older skew.
Population
4,968
Median age
46
Family households
–
Lone person
–
Houses change hands at $550,000 on a typical sale, below the Tasmania median. 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.
Market
The price of a home here.
Median house price
$550,000
+0.0% over the past year. Median unit price $192,240.
Sales data as of December 2024· sales-abs
Rental and ownership
Weekly rent (house)
$230/wk
Weekly rent (unit)
$196/wk
Owner occupied
–
Renter occupied
–
At a deeper level
$550,000
$192,240
4,968
Median age: 46
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For investors
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 (House)
Source: ABS Data by Region (SA2-level, 2024) · Dec 20242.17%
Based on $550,000 median
Gross Yield (Unit)
Source: ABS Data by Region (SA2-level, 2024) · Dec 20245.30%
Based on $192,240 median
Annual Growth (House)
Source: ABS Data by Region (SA2-level, 2024) · Dec 2024–
Year-on-year capital growth
Annual Growth (Unit)
Source: ABS Data by Region (SA2-level, 2024) · Dec 2024–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021–
Higher = more owner-occupier demand
Days on Market
Source: ABS Data by Region (SA2-level, 2024) · Dec 2024–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Getting around
Walkability.
4
0
0
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Waratah.
Local schools for Waratah
View the catchment for each school to find out more.
Government School Catchment
Rosebery District School
Yolla District School
Non-Government Schools
St Joseph's Catholic School
© ACARA, licensed under CC BY 4.0.
Frequently asked
About Waratah.
- What is the median house price in Waratah?
- The median house price in Waratah, TAS 7321 is $550,000. The median unit price is $192,240. Annual growth is +0.0%.
- What is the Waratah postcode?
- Waratah is in the 7321 postcode, in TAS, in the Kentish Council region.
- 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.
- What is the population of Waratah?
- Waratah has approximately 4,968 residents. The median age is 46.
Waratah
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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