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 3.2% and has experienced a 12-month capital growth of Down -18.0%, with a median house buy price of $1,476,250. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$952,500
$2,000,000
–
$1,476,250
Suburb Market Profile
Last month Newcastle West had 12 properties available for rent and 19 properties for sale. Median property prices over the last year range from $1,476,250 for houses to $755,000 for units. If you are looking for an investment property, consider houses in Newcastle West rent out for $650 PW with an annual rental yield of 3.2% and units rent for $700 PW with a rental yield of 4.3%. Newcastle West has seen an annual compound growth rate of -18.0% for houses and 7.1% for units.
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