If you compare the increase in value of investment property in Adamstown, 2289 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 23.61%.
Over the longer term, Adamstown has seen property prices show investors a 35.03% return over the last 3 years. This is worse than over the last 12 months
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Adamstown itself are offering an average vendor discount of -4.41% to real estate investors.
Property investors who have had real estate in Adamstown, 2289 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 21.35%
Across a shorter period, Adamstown, 2289 has seen a median price increase of 8.00% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Adamstown, 2289. Typically our figures indicate that -1.92% is being offered, which puts this NSW suburb at 1434th most discounted overall in Australia.
Property investors should expect to get $380 weekly from the median priced house in this suburb.
A suburb of Newcastle, Adamstown is situated around 6km from the city’s CBD. It’s an ideal spot for families as it’s an easy commute to the city and is also home to a number of quality schools.Full summary
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A suburb of Newcastle, Adamstown is situated around 6km from the city’s CBD. It’s an ideal spot for families as it’s an easy commute to the city and is also home to a number of quality schools, including the St Pius X High School, Adamstown Primary School and St Columba's Primary School.
Apartment stock in this suburb ranges from older, rectangular block buildings built several decades ago, through to more modern off the plan apartments that are starting to become more prevalent in the area. Older apartments are more affordably priced, while buyers will pay a premium of up to $100k for a brand new unit.Close