With a capital gain of -5.41% for the last 12 months, Newcastle West, 2302 has performed for property investments than its average annual 3.30% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Newcastle West comes in at number 392th in NSW.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.46% offered to property buyers. Sellers in Newcastle West itself are offering an average vendor discount of -4.25% to real estate investors.
Residents and property investors in Newcastle West have been waiting around 83.68 days to sell a property.
Newcastle West is 160th on a list of best yielding suburbs for rents in NSW with a 4.71% return