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.