AREA REPORTS

Newcastle East

 

 

NSW/
Newcastle east

Suburb Profile

Newcastle East - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2300

house
unit

A survey of average capital gains or median home price increase in suburbs across the country shows that NEWCASTLE EAST, 2300 obtained a 16.16% growth over a ten-year period. It ranks 3018th on our list of suburbs that property investors should look into.

NEWCASTLE EAST, 2300 in NSW belongs to the local government area of Newcastle (C).

NEWCASTLE EAST, 2300 has a capital gain of 36.54% for the past year, which is higher than average compared to its 137.54% growth within a five-year period.

With the median home price in NEWCASTLE EAST sitting at $1,775,000, and the average rent at $620, property owners could potentially earn a 1.82% increase in gross rental yield.

A 36.54% increase in median property prices in NEWCASTLE EAST, 2300 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 12th.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,775,000 $1,175,000
GROWTH REPORT
Median Quarterly N/A -8.2%
Median 12 month 36.54% 0.73%
Median 3 years 89.84% 21.13%
Median 5 years 137.54% 49.21%
10 years average annual 16.16% 6.53%
Weekly media advert. rent $620 $625
Time on Market 0.0 days 0.0 days
Gross Rental Yield Percent 1.82% 2.77%
demographics (median values)
Total Population
974
Weekly Household Income
848
Household Size
1.90
demographics
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