Property investors should expect to get $550 weekly from the median priced house in this suburb.
Investment property in Newcastle has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.67%
A 57.65% growth in median value for property investors in Newcastle,2300 puts this suburb at number 197th in terms of best performing suburbs in NSW
Vendor discounting in Newcastle is giving property investors an average Vendor Discount of around -4.15%. This puts suburb at number 313th in NSW when ranking the most discounted suburbs.
Advertised rents are around the $480 mark per week – giving a return of 3.73% based on the median price in Suburb