Suburb Profile Report for Newcastle NSW (2300)

Newcastle Unit: Median price $672,500, Annual capital growth 4.96%, Number of sales 185, Weekly median advertised rent $480

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: CoreLogic

Unit Report

Over the last year, property investments in Newcastle, 2300 have given investors a capital gain of 13.03%. This compares very favourably with the 5.36% for NSW as a whole.

A 56.40% growth in median value for property investors in Newcastle,2300 puts this suburb at number 121th in terms of best performing suburbs in NSW

Property investors looking for a bargain in Newcastle should be aiming for at least -3.80% off the asking price, which is the average vendor discount being achieved at the moment.

Metrics	HOUSE	UNIT
Median price	N/A	$672,500
Quarterly growth	N/A	2.67%
12-month growth	N/A	13.03%
Average Annual Growth	N/A	4.96%
Weekly median advertised rent	N/A	$480
Number of sales	N/A	185
Gross rental yield	N/A	3.71%
Days on market	N/A	51.09

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)

Find another suburb

Find a mortgage broker in Newcastle NSW

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