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 4.62%
Over the longer term, Newcastle has seen property prices show investors a 41.67% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -5.28% to buyers in Newcastle at the moment, which is less than average for the rest of NSW.
A $487.5 per week rent on the median house gives suburb investors a gross yield of circa 3.73%, without taking into account capital value appreciation, which has been averaging out at 4.59%.