Tighes Hill is in the TOP 20% in NSW when comparing median price capital growth over the last year. Tighes Hill gave property investors a very good capital gain figure when compared to the rest of the state, with 16.53%.
Vendor discounting in Tighes Hill is giving property investors an average Vendor Discount of around -3.16%. This puts suburb at number 1093th in NSW when ranking the most discounted suburbs.
Named for one of its early residents, the suburb of Tighes Hill has been flourishing since 2013, when price growth peaked at 106.3%Full summary
Information supplied by:
Remarkable growth for houses
Median house price: $732,475
Three-year growth: 32.5%
Rental yield: 3.2%
Named for one of its early residents, the suburb of Tighes Hill has been flourishing since 2013, when price growth peaked at 106.3%.
The house market has an average annual growth rate of 10.5%, with the April 2017-2018 period alone yielding a 26.9% rise in prices. The median house value has passed $730,000; yet, such properties are selling quickly and generally spend less than two months on the market.
Tighes Hill’s proximity to the Newcastle CBD makes it a top option for young professionals who want to live near the city, as the CBD can be reached in about 15 minutes via King Street. The 11 bus service departing from Maitland Road also brings commuters to Newcastle. Tighes Hill is home to a Hunter Institute of TAFE campus, and to the Tighes Hill School of Arts.Close