Property investors who have had real estate in Newcastle West, 2302 should be relatively unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -0.41%
A 37.84% growth in median value for property investors in Newcastle West,2302 puts this suburb at number 452th in terms of best performing suburbs in NSW
Newcastle West2302 is located in NSW which offers an average discount of -4.16% to property investors. Newcastle West itself is showing figures that indicate -2.80% is the average achievable by property buyers investing in the suburb.
A $432.5 per week rent on the median house gives suburb investors a gross yield of circa 4.10%, without taking into account capital value appreciation, which has been averaging out at 6.37%.