Suburb Profile Report for Adamstown NSW (2289)

Adamstown House: Median price $580,500, Annual capital growth 5.58%, Number of sales 106, Weekly median advertised rent $428

Adamstown Unit: Median price $399,975, Annual capital growth 4.01%, Number of sales 52, Weekly median advertised rent $350

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Adamstown has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 3.66% to date .

Adamstown,2289 was ranked 454 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Adamstown is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 1004th in terms of most discounted suburbs in NSW

In the last year 106 properties changed hands in Adamstown, which puts it as the 255th most active market in NSW when comparing the number of sales per suburb.

Adamstown, 2289’s gross rental yield is 3.83%

Giving property investors a an average capital gain of 0.81% for the last year, Adamstown, 2289 is the 1009th highest performer in Australia in this respect.

Adamstown,2289 was ranked 939 in Australia by increase in median property value over the quarter.

Property investors looking for a bargain in Adamstown should be aiming for at least -3.68% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 52 properties changed hands in Adamstown, which puts it as the 265th most active market in NSW when comparing the number of sales per suburb.

Property investors should expect to get $350 weekly from the median priced house in this suburb.

Information supplied by:


February 2017

M
O

W
E
A suburb of Newcastle, Adamstown is situated around 6km from the city’s CBD. It’s an ideal spot for families as it’s an easy commute to the city and is also home to a number of quality schools.Full summary

A suburb of Newcastle, Adamstown is situated around 6km from the city’s CBD. It’s an ideal spot for families as it’s an easy commute to the city and is also home to a number of quality schools, including the St Pius X High School, Adamstown Primary School and St Columba's Primary School.

Apartment stock in this suburb ranges from older, rectangular block buildings built several decades ago, through to more modern off the plan apartments that are starting to become more prevalent in the area. Older apartments are more affordably priced, while buyers will pay a premium of up to $100k for a brand new unit.
 

Close
HOUSE UNIT
$580,500 $399,975
6.51% 0.00%
3.66% 0.81%
5.58% 4.01%
$428 $350
106 52
3.83% 4.55%
48.73 61.39

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
Find a mortgage broker in Adamstown NSW
Demographics
Total population 5642
Median household income ($/weekly) 1214
Median age of persons 35
Median housing loan repayment ($/monthly) 1950
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 676 12.0
    25-34 years 946 16.8
    35-44 years 893 15.8
    45-54 years 777 13.8
    55-64 years 516 9.1
    Others 1835 32.5
    Age Group
    Census Count Percent(%)
    Not Married 1988 47.3
    Registered Married 1721 41.0
    Defacto Relationship 493 11.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 4796 89.1
    Germany 55 1.0
    Papua New Guinea 59 1.1
    United Kingdom 140 2.6
    Other 71 1.3
    Others 263 4.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 58 1.1
    Christianity 3830 73.5
    Hinduism 21 0.4
    Islam 19 0.4
    No Religion 1276 24.5
    Others 10 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 198 9.4
    $400-$599 237 11.2
    $600-$799 188 8.9
    $1,500-$1,999 291 13.8
    $2,000-$2,499 207 9.8
    Others 988 46.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1819 41.5
    Not in the labour force 1308 29.9
    Employed, worked part-time 938 21.4
    Employed, away from work 189 4.3
    Unemployed, looking for work 125 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 300 10.2
    Professionals 726 24.6
    Technicians & trades workers 414 14.0
    Community & personal service workers 326 11.1
    Clerical & administrative workers 473 16.0
    Others 709 24.1
    Occupation
    Census Count Percent(%)
    Pre-school 113 8.5
    Infants/Primary 435 32.9
    Secondary 324 24.5
    Technical or Further Educational Institution 134 10.1
    University or other Tertiary Institutions 301 22.8
    Others 16 1.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4159 77.9
    Flat, unit or apartment 594 11.1
    Semi-detached, row or terrace house, townhouse 556 10.4
    House or flat attached to a shop, office 33 0.6
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 895 39.2
    Being purchased 753 33.0
    Fully owned 620 27.1
    Other tenure type 17 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals