NSW has seen average median house prices change by 0.04% which means that Newcastle, 2300 has done well for property investors by showing a capital gain of 3.83% over the last year
Newcastle,2300 has offered an average of 3.83% return per annum in house price rises to property investors over the last three years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.74% offered to property buyers. Sellers in Newcastle itself are offering an average vendor discount of -5.58% to real estate investors.
Newcastle, 2300’s gross rental yield is 3.84%