NEWCASTLE 2300
State: NSWPosiProp AI Investment Summary
NEWCASTLE (NSW 2300) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.0% and has experienced a 12-month capital growth of Down -3.3%, with a median house buy price of $1,450,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$935,000
$1,227,500
–
$1,450,000
Suburb Market Profile
Last month Newcastle had 49 properties available for rent and 56 properties for sale. Median property prices over the last year range from $1,450,000 for houses to $1,000,000 for units. If you are looking for an investment property, consider houses in Newcastle rent out for $800 PW with an annual rental yield of 3.0% and units rent for $728 PW with a rental yield of 4.0%. Newcastle has seen an annual compound growth rate of -3.3% for houses and 18.4% for units.