Suburb Profile Report for Newcastle NSW (2300)

Newcastle Unit: Median price $670,050, Annual capital growth 5.48%, Number of sales 108, Weekly median advertised rent $500

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

Are you moving house? Our tip: move your mortgage too.

Unit Report

Property value increases in Newcastle have tracked just higher than the NSW average of -4.02% over the last 12 months.

Newcastle,2300 was ranked 967 in Australia by increase in median property value over the quarter.

At number 229th of NSW’s most discounted properties, Newcastle is in the TOP 40% of the state/territory when listing in order of most discounted to least.

Metrics	HOUSE	UNIT
Median price	N/A	$670,050
Quarterly growth	N/A	-1.46%
12-month growth	N/A	-2.89%
Average Annual Growth	N/A	5.48%
Weekly median advertised rent	N/A	$500
Number of sales	N/A	108
Gross rental yield	N/A	3.88%
Days on market	N/A	75.5416666666667

Your estimated repayment
$2,592.43/monthDo you qualify?

Based on the median price for this suburb and an 80% LVR loan over 25 yrs with 3.18% interest rate.

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

Find another suburb

Find a mortgage broker in Newcastle NSW

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