Newcastle is an average performer in NSW when comparing median price capital growth over the last year. Newcastle gave property investors a average capital gain figure when compared to the rest of the state, with -2.62%.
If we look at median property appreciation over just the last three months, Newcastle has given property investors a paper return of 0.01%. This puts Suburb as 245 on a list of fastest fasting appreciating suburbs in NSW
The most recent median price for Newcastle is $670050, with sellers offering an average of -6.81% off the asking price.
Residents and property investors in Newcastle have been waiting around 79.0759 days to sell a property.
A $500 per week rent on the median house gives suburb investors a gross yield of circa 3.88%, without taking into account capital value appreciation, which has been averaging out at 6.07%.