Newcastle, NSW 2300: Suburb Profile & Property Report | YIP (2024)

Newcastle has 11 houses available for sale. There were 6 house sales in the past 12 months.

If you're thinking about buying an investment property in Newcastle, consider that rental yields for houses are currently 2.09 with an average median rent of 745 weekly.

The size of Newcastle is approximately 4.9 square kilometres. It has 25 parks covering nearly 10.5% of total area. The population of Newcastle in 2011 was 2,384 people. By 2016 the population was 2,752 showing a population growth of 15.4% in the area during that time. The predominant age group in Newcastle is 20-29 years.

Households in Newcastle are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newcastle work in a professional occupation. In 2011, 44.1% of the homes in Newcastle were owner-occupied compared with 45.7% in 2016.

Newcastle has 238 units available for sale. The median property price for a unit is currently 917,500 with annual capital growth of 11.38. There were 214 unit sales in the past 12 months. On average, units spend 38 days on market.

If you're thinking about buying an investment property in Newcastle, consider that rental yields for units are currently 3.68 with an average median rent of 650 weekly. Units have seen 5.34 growth in the past quarter, and 11.38 growth in the past 12 months.

The size of Newcastle is approximately 4.9 square kilometres. It has 25 parks covering nearly 10.5% of total area. The population of Newcastle in 2011 was 2,384 people. By 2016 the population was 2,752 showing a population growth of 15.4% in the area during that time. The predominant age group in Newcastle is 20-29 years.

Households in Newcastle are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newcastle work in a professional occupation. In 2011, 44.1% of the homes in Newcastle were owner-occupied compared with 45.7% in 2016.

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Newcastle, NSW 2300: Suburb Profile & Property Report | YIP (2024)
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