Newcastle

Last month Newcastle had 71 properties on sale, with 242 properties being sold in the past 12 months. The median property sale price over the last 12 months for houses has been $1,652,312, which has decreased by 10.4%. The median sale price for units has been around $933,095 and has increased by 0.5%. If you are looking to rent or are interested in purchasing an investment property, the median weekly rent for a house in Newcastle is around $800 and has increased by 26% over the past 12 months. Meanwhile, the median weekly rent for a unit is around $650 and has increased by 3.2%.

There are around 3,869 residents living in Newcastle. They are predominantly made up of singles, living in apartments with the majority being renters. The most common occupations for locals are professionals, managers, and Clerical and Administrative Workers. Schooling and education options in Newcastle include Newcastle Grammar Bolton Street Campus, catering for Yr 7 - Yr 12.