NEWCASTLE WEST 2302
State: NSWPosiProp AI Investment Summary
NEWCASTLE WEST (NSW 2302) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.1% and has experienced a 12-month capital growth of Up 1.2%, with a median house buy price of $1,376,250. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$773,750
$1,900,000
–
$1,376,250
Suburb Market Profile
Last month Newcastle West had 17 properties available for rent and 21 properties for sale. Median property prices over the last year range from $1,376,250 for houses to $720,000 for units. If you are looking for an investment property, consider houses in Newcastle West rent out for $675 PW with an annual rental yield of 3.1% and units rent for $700 PW with a rental yield of 4.2%. Newcastle West has seen an annual compound growth rate of 1.2% for houses and 7.9% for units.