The post-budget guide to commercial property investing

Maryville

POSTAL CODE: NSW, 2293
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MARYVILLE ranks 672nd in NSW when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 11.82% for the past year is higher than average compared to its 47.93% growth within a five-year period.

Also in MARYVILLE, the median home price is sitting at $1,230,000, and the average rent at $800, this suggests property owners could potentially earn a 3.38% increase in gross rental yield.

Property investors have seen a 0.82% gain in MARYVILLE based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on MARYVILLE, 2293 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 11.82%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 8.92% growth over a ten-year period. It ranks 664th on our list of suburbs that property investors should look into.

Surburb overview

Maryville is an inner-city suburb in the City of Newcastle, NSW, with postcode 2293, situated beside Throsby Creek between Wickham, Islington and Tighes Hill. The suburb is about three kilometres north-west of Newcastle’s central business district, with Hannell Street and nearby roads providing connections to central Newcastle and surrounding suburbs.

The 2021 Census recorded about 1,500 residents in Maryville, with housing comprising separate houses, terraces, townhouses, units and apartments. Residential streets occupy much of the suburb alongside former industrial and commercial land associated with Newcastle Harbour and Throsby Creek.

Maryville does not have a railway station, but the nearby Hamilton and Newcastle Interchange provides access to passenger rail services. Newcastle Interchange provides connections to the Central Coast and Sydney, as well as the Newcastle light rail service through the city centre. Bus services operate through Maryville and neighbouring suburbs, providing connections towards Newcastle’s central business district, Hamilton and other parts of the metropolitan area.

Schools are available in nearby Tighes Hill, Islington, Wickham and surrounding inner Newcastle suburbs, with additional government and non-government education facilities across the city.

Maryville has some local cafes and businesses, while nearby Beaumont Street in Hamilton and Newcastle’s city centre provide supermarkets, pharmacies, shops and professional services.

Medical practices, pharmacies, dental clinics and allied healthcare providers operate in surrounding suburbs, with major hospital services available at John Hunter Hospital in New Lambton Heights.

Throsby Creek is a prominent feature along Maryville’s northern and eastern boundaries and forms part of the wider Newcastle Harbour catchment. Shared walking and cycling paths follow sections of Throsby Creek and provide connections between Maryville, Islington, Carrington and Newcastle Harbour. Nearby Islington Park contains playground facilities, open space and recreation areas beside the creek.

Maryville also has access to local parks and waterfront spaces suitable for walking and informal outdoor activities. Newcastle Harbour, the Honeysuckle waterfront and the city’s coastal recreation areas are accessible by bicycle, public transport or road from Maryville.

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