Over the last year, property investments in Newcastle West, 2302 have given investors a capital gain of 3.46%. This compares averagely with the 6.07% for NSW as a whole.
Taking the average capital gain, or increase in median house value, Newcastle West,2302 has racked up an average of 3.46% over the period. This ranks it number 26th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -3.52% to buyers in Newcastle West at the moment, which is less than average for the rest of NSW.
At number 1220 in a list of fastest selling suburbs, Newcastle West is in the bottom 20% of suburbs in Australia with an average of days on market 106.18 for properties listed there.
The NSW suburb of Newcastle West, 2302 is in the Newcastle local government area.