Newcastle West

POSTAL CODE: NSW, 2302

UNIT

Figures from the previous quarter show that capital gains for real estate buyers in NEWCASTLE WEST are low, as opposed to average gains per annum over the past five years.

Real estate investors could earn a rental income of $680 based on current median home prices for the suburb.

Average weekly rents on listings have reached the $680 mark, reflecting a 4.91% increase in returns based on the current median price in NEWCASTLE WEST.

NEWCASTLE WEST, 2302 ranks 475th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

NEWCASTLE WEST ranks 128th on the list of best yielding suburbs for rental properties in NSW, posting a 4.91% return.

You’re out of free articles for this month

Username or Email

Password Forgot password?

Keep me signed in on this device.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from Smart Property Investment. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Loading form...

Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	N/A	$720,000
Growth Report
Median Quarterly	N/A	2.86%
Median 12 month	N/A	-2.7%
Median 3 years	N/A	13.39%
Median 5 years	N/A	34.83%
10 years average annual	N/A	3.64%
Weekly media advert. rent	N/A	$680
Time on Market	N/A	88.3 days
Gross Rental Yield Percent	N/A	4.91%

Demographics (Median Values)*

Total Population 564

Weekly Household Income 1339

Household Size 1.70

Average Age 35

Monthly Loan Repayment 1740

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

Select a category

Age group

Top 10 Birth Countries

Dwelling Structures

Education

Household Income

Labour Force

Marital Status

Occupation

Religious Affiliation

Tenure Type