NEWCASTLE EAST 2300
State: NSWPosiProp AI Investment Summary
NEWCASTLE EAST (NSW 2300) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.4% and has experienced a 12-month capital growth of Up 2.4%, with a median house buy price of $2,150,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,620,000
$2,815,000
$1,975,000
$2,150,000
Suburb Market Profile
Last month Newcastle East had 9 properties available for rent and 1 property for sale. Median property prices over the last year range from $2,150,000 for houses to $1,865,000 for units. If you are looking for an investment property, consider houses in Newcastle East rent out for $795 PW with an annual rental yield of 3.4% and units rent for $873 PW with a rental yield of 3.7%. Newcastle East has seen an annual compound growth rate of 2.4% for houses and 26.4% for units.