Suburb Profile Report for Adamstown NSW (2289)

Adamstown House: Median price $583,000, Annual capital growth 5.77%, Number of sales 112, Weekly median advertised rent $425

Adamstown Unit: Median price $399,975, Annual capital growth 3.85%, Number of sales 53, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Property value increases in Adamstown have tracked just lower than the NSW average of 8.26% over the last 12 months.

Over the longer term, Adamstown has seen property prices show investors a 14.99% return over the last 3 years. This is worse than over the last 12 months

Adamstown2289 is located in NSW which offers an average discount of -5.49% to property investors. Adamstown itself is showing figures that indicate -4.62% is the average achievable by property buyers investing in the suburb.

Often selling an investment property can take time, and in Adamstown the average time real estate has been on the market is 54.61 days.

The NSW suburb of Adamstown, 2289 is in the Newcastle local government area.

If you compare the increase in value of investment property in Adamstown, 2289 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 0.81%.

While Adamstown,2289 ranked number 373th in NSW for increase in median house value (annualised) increase, it is ranked 419th over the last 5 years.

Property investors looking for a bargain in Adamstown should be aiming for at least -3.71% off the asking price, which is the average vendor discount being achieved at the moment.

Renters in Suburb are facing rents around $4200 per annum or $350 every week.

Information supplied by:


February 2017

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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
Metrics i HOUSE UNIT
$583,000 $399,975
5.52% 0.01%
2.10% 0.81%
5.77% 3.85%
$425 $350
112 53
3.79% 4.55%
54.61 58.82

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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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