Suburb Profile Report for Newcastle East NSW (2300)

Newcastle East House: Median price $990,000, Annual capital growth N/A, Number of sales 13, Weekly median advertised rent $450

Newcastle East Unit: Median price $1,130,000, Annual capital growth 8.13%, Number of sales 19, Weekly median advertised rent $603

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

Source: CoreLogic

  • House Report
  • Unit Report

A 65.69% growth in median value for property investors in Newcastle East,2300 puts this suburb at number 390th in terms of best performing suburbs in NSW

With the median price for a house in Newcastle East being $990000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 2.36%

Over the last year, property investments in Newcastle East, 2300 have given investors a capital gain of 25.45%. This compares very favourably with the 6.92% for NSW as a whole.

While Newcastle East,2300 ranked number 21th in NSW for increase in median house value (annualised) increase, it is ranked 87th over the last 5 years.

HOUSE UNIT
$990,000 $1,130,000
2.80% 9.71%
N/A 25.45%
N/A 8.13%
$450 $603
13 19
2.36% 2.77%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 990
Median household income ($/weekly) 1168
Median age of persons 41
Median housing loan repayment ($/monthly) 2375
Average household size 2
  • Census Count Percent(%)
    20-24 years 101 10.2
    25-34 years 181 18.3
    35-44 years 112 11.3
    45-54 years 158 15.9
    55-64 years 139 14.0
    Others 300 30.3
    Age Group
    Census Count Percent(%)
    Not Married 448 58.0
    Registered Married 255 33.0
    Defacto Relationship 70 9.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 747 83.1
    Papua New Guinea 23 2.6
    United Kingdom 45 5.0
    United States of America 10 1.1
    Other 25 2.8
    Others 49 5.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 22 2.5
    Christianity 474 54.8
    Islam 7 0.8
    Other Religious Groups 7 0.8
    No Religion 347 40.1
    Others 8 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 42 10.0
    $300-$399 50 11.9
    $1,500-$1,999 41 9.7
    $2,000-$2,499 34 8.1
    $2,500-$2,999 57 13.5
    Others 197 46.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 298 36.3
    Employed, worked full-time 284 34.5
    Employed, worked part-time 179 21.8
    Employed, away from work 34 4.1
    Unemployed, looking for work 27 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 66 13.2
    Professionals 205 41.1
    Technicians & trades workers 42 8.4
    Community & personal service workers 50 10.0
    Clerical & administrative workers 61 12.2
    Others 75 15.0
    Occupation
    Census Count Percent(%)
    Pre-school 6 2.8
    Infants/Primary 31 14.4
    Secondary 41 19.1
    Technical or Further Educational Institution 27 12.6
    University or other Tertiary Institutions 104 48.4
    Others 6 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 499 55.3
    Semi-detached, row or terrace house, townhouse 349 38.7
    Separate house 51 5.7
    Caravan, cabin, houseboat 3 0.3
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 274 60.4
    Fully owned 104 22.9
    Being purchased 70 15.4
    Other tenure type 6 1.3
    Tenure Type
Census 2011, ABS
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