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.
- Weekly rent (house)
- $230/wk
- Weekly rent (unit)
- $196/wk
Rental data as of April 2026
Free appraisal in Waratah
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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
Yolla District School
Non-government schools
St Joseph's Catholic School
© 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
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.
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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.
