Suburb Profile Report for Newcastle NSW (2300)

Newcastle Unit: Median price $670,000, Annual capital growth 5.82%, Number of sales 98, Weekly median advertised rent $485

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Sep 2020 as supplied by CoreLogic. Data is reported to the period ending Jun 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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Unit Report

Newcastle, 2300 ranked 404th in NSW when comparing growth in median property values or capital gain over the last 12 months. Newcastle is one of 3163 in our list for NSW

Over the longer term, Newcastle has seen property prices show investors a 9.75% return over the last 3 years. This is worse than over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Newcastle is offering property investors an average of -3.89. This rate of discount on properties puts Suburb at number 196th in terms of most discounted suburbs in NSW

The NSW suburb of Newcastle, 2300 is in the Newcastle (C) local government area.

Metrics	HOUSE	UNIT
Median price	N/A	$670,000
Quarterly growth	N/A	-2.01%
12-month growth	N/A	-3.94%
Average Annual Growth	N/A	5.82%
Weekly median advertised rent	N/A	$485
Number of sales	N/A	98
Gross rental yield	N/A	3.76%
Days on market	N/A	67.6811594202899

DSR Score for property investment : Below average (H), Balanced (U)

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Demographics

Total population	2384
Median household income ($/weekly)	1750
Median age of persons	34
Median housing loan repayment ($/monthly)	2249
Average household size	1.9

Census	Count	Percent(%)
20-24 years	361	15.1
25-34 years	607	25.5
35-44 years	275	11.5
45-54 years	293	12.3
55-64 years	317	13.3
Others	531	22.3

Age Group

Census	Count	Percent(%)
Not Married	941	51.6
Registered Married	630	34.6
Defacto Relationship	251	13.8

Social Marital Status

Census	Count	Percent(%)
Australia	1718	79.2
Papua New Guinea	45	2.1
United Kingdom	77	3.6
United States of America	32	1.5
Other	104	4.8
Others	193	8.9

Country of Birth

Census	Count	Percent(%)
Buddhism	37	1.8
Christianity	1291	61.9
Hinduism	25	1.2
Islam	38	1.8
No Religion	684	32.8
Others	9	0.4

Religious Affiliation

Census	Count	Percent(%)
$1,000-$1,249	74	7.5
$1,250-$1,499	85	8.6
$1,500-$1,999	132	13.4
$2,000-$2,499	81	8.2
$2,500-$2,999	192	19.5
Others	421	42.7

Gross Household Income (Weekly)

Census	Count	Percent(%)
Employed, worked full-time	1007	49.3
Not in the labour force	525	25.7
Employed, worked part-time	367	18.0
Unemployed, looking for work	84	4.1
Employed, away from work	61	3.0

Person Characteristics

Census	Count	Percent(%)
Managers	216	15.0
Professionals	572	39.8
Technicians & trades workers	126	8.8
Clerical & administrative workers	173	12.0
Sales	126	8.8
Others	223	15.5

Occupation

Census	Count	Percent(%)
Pre-school	11	2.2
Infants/Primary	58	11.8
Secondary	50	10.1
Technical or Further Educational Institution	49	9.9
University or other Tertiary Institutions	314	63.7
Others	11	2.2

Type of Educational Institution Attending

Census	Count	Percent(%)
Flat, unit or apartment	1687	82.9
Semi-detached, row or terrace house, townhouse	157	7.7
Separate house	142	7.0
House or flat attached to a shop, office	48	2.4
Caravan, cabin, houseboat	0	0.0
Others	0	0.0