Adamstown Heights, 2289 ranked 436th in NSW when comparing growth in median property values or capital gain over the last 12 months. Adamstown Heights is one of 3163 in our list for NSW
Over the longer term, Adamstown Heights has seen property prices show investors a 17.21% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Adamstown Heights 2289 should be seeing an average reduction in asking price of around -7.95% . This means that Adamstown Heights is holding prices well when compared to other suburbs in NSW.
Adamstown Heights is 631th on a list of best yielding suburbs for rents in NSW with a 3.64% return
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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.