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
TOP 100 suburbs

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.

  • 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 i HOUSE UNIT
N/A $680,000
N/A 4.62%
N/A 1.12%
N/A 5.50%
N/A $500
N/A 110
N/A 3.82%
N/A 67.6973684210526

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.

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
    Dwelling Structure
    Census Count Percent(%)
    Rented 585 54.7
    Fully owned 251 23.5
    Being purchased 228 21.3
    Other tenure type 6 0.6
    Tenure Type
Census 2011, ABS
Chart Table