At number 1539th in the list of Australian suburbs ordered by increase in median house value over the last year, Adamstown Heights, 2289 is in the top 40% with a property value increase of 4.90% recorded in median house prices.
The five-year average increase in median property values for Adamstown Heights,2289 has given property investors a potential capital gain of 44.65% across each of those five years.
Vendor discounting in Adamstown Heights is giving property investors an average Vendor Discount of around -5.78%. This puts suburb at number 804th in NSW when ranking the most discounted suburbs.
The NSW suburb of Adamstown Heights, 2289 is in the Newcastle (C) local government area.
Less than 10km from the Newcastle CBD lies the suburb of Adamstown Heights. It is divided between the Lake Macquarie and Newcastle City LGAsFull summary
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Houses fly off the market
Median house price: $723,000
Three-year growth: 20.9%
Rental yield: 3.5%
Less than 10km from the Newcastle CBD lies the suburb of Adamstown Heights. It is divided between the Lake Macquarie and Newcastle City LGAs.
There is considerable demand in this market, with houses staying on the market for only around a month before being snapped up. Discount rates are staying below 5% as well. Meanwhile, prices are going up steadily with a strong average annual growth rate of over 5%, even though the rate seemed to slow as 2018 wound down.
Kotara High School was established in this suburb in 1968, and the campus includes 3 hectares of bushland. Belair Primary School is located here as well. Westfield Kotara serves residents’ shopping needs.
Commuters are served by the train stations in Kotara and Adamstown, which are stops on the Central Coast & Newcastle Line.Close