If you compare the increase in value of investment property in Newcastle, 2300 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 2.04%.
A 43.23% growth in median value for property investors in Newcastle,2300 puts this suburb at number 172th in terms of best performing suburbs in NSW
Sellers are offering property buyers an average discount of -3.92% to buyers in Newcastle at the moment, which is less than average for the rest of NSW.
Using the current median advertised rental of $495 and the average annual increase in value of a median property of 5.68%, investors should hope to achieve an overall return of 3.74%