Suburb Profile Report for Newcastle NSW (2300)

Newcastle Unit: Median price $680,000, Annual capital growth 5.50%, Number of sales 110, Weekly median advertised rent $500

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

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

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Unit Report

NSW has seen average median house prices change by -3.67% which means that Newcastle, 2300 has not done well for property investors by showing a capital gain of 1.12% over the last year

While Newcastle,2300 ranked number 44th in NSW for increase in median house value (annualised) increase, it is ranked 144th over the last 5 years.

Property buyers and investors in Newcastle 2300 should be seeing an average reduction in asking price of around -6.24% . This means that Newcastle is holding prices well when compared to other suburbs in NSW.

Renters in Suburb are facing rents around $26000 per annum or $500 every week.

Metrics	HOUSE	UNIT
Median price	N/A	$680,000
Quarterly growth	N/A	4.62%
12-month growth	N/A	1.12%
Average Annual Growth	N/A	5.50%
Weekly median advertised rent	N/A	$500
Number of sales	N/A	110
Gross rental yield	N/A	3.82%
Days on market	N/A	67.6973684210526

Your estimated repayment
$2,630.93/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 : 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