Auction Times
Sat 22 Feb | Auction Time | Agency | |
---|---|---|---|
![]() | 53 Gipps Street 3 1 1 House | 2:15 PM Sat 22nd Feb | Belle Property Newcastle City |
Median Sale Price
House
-
Updated on Dec 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Dec 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year | Median | Growth | Low | High | # Sales |
---|---|---|---|---|---|
2009 | $309,000 | 0.0% | $212,000 | $1,020,000 | 38 |
2010 | $415,000 | +25.5% | $240,000 | $1,250,000 | 37 |
2011 | $375,000 | -10.7% | $240,000 | $1,050,000 | 36 |
2012 | $414,000 | +9.4% | $214,000 | $1,175,000 | 48 |
2013 | $390,000 | -6.2% | $160,000 | $1,260,000 | 51 |
2014 | $510,000 | +23.5% | $220,000 | $1,360,000 | 39 |
2015 | $495,000 | -3.0% | $360,000 | $740,000 | 29 |
2016 | $550,000 | +10.0% | $410,000 | $1,270,000 | 23 |
2017 | $701,247 | +21.6% | $455,000 | $1,500,000 | 21 |
2018 | $815,000 | +14.0% | $399,500 | $1,100,000 | 16 |
2019 | $562,500 | -44.9% | $390,000 | $1,085,000 | 22 |
2020 | $720,000 | +21.9% | $445,000 | $1,450,000 | 27 |
2021 | $875,000 | +17.7% | $560,000 | $1,860,000 | 38 |
2022 | $940,000 | +6.9% | $560,000 | $1,850,000 | 34 |
2023 | $830,000 | -13.3% | $700,000 | $1,850,000 | 31 |
2024 | $1,100,000 | +24.5% | $655,000 | $1,550,000 | 28 |
2025 | $1,520,000 | +27.6% | $1,075,000 | $1,520,000 | 2 |
Median Sale Price
$1.1M
Based on 28 recorded sales within the last 12 months
Updated on 18 Feb 2025
Suburb Growth
+24.5%
Current Median Price: $1,100,000
Previous Median Price: $830,000
Based on 52 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2025)
Price Range Segments (12 months ending Jan 2025)
Median Weekly Rent Price
House
-
Updated on Dec 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Dec 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year | Median | Growth | Low | High | # Rents |
---|---|---|---|---|---|
2011 | $355 | 0.0% | $250 | $450 | 26 |
2012 | $350 | -1.4% | $220 | $550 | 29 |
2013 | $370 | +5.4% | $265 | $750 | 55 |
2014 | $435 | +14.9% | $350 | $700 | 42 |
2015 | $400 | -8.8% | $295 | $550 | 59 |
2016 | $420 | +4.8% | $340 | $600 | 41 |
2017 | $460 | +8.7% | $350 | $660 | 61 |
2018 | $465 | +1.1% | $240 | $950 | 45 |
2019 | $450 | -3.3% | $320 | $860 | 29 |
2020 | $460 | +2.2% | $350 | $965 | 36 |
2021 | $550 | +16.4% | $360 | $980 | 38 |
2022 | $580 | +5.2% | $220 | $1,200 | 50 |
2023 | $645 | +10.1% | $420 | $1,100 | 44 |
2024 | $650 | +0.8% | $400 | $1,200 | 52 |
2025 | $675 | +3.7% | $600 | $700 | 3 |
Median Rent Price
$650
per week
Based on 48 recorded rent within the last 12 months
Updated on 18 Feb 2025
Rent Price Growth
0.0%
Current Median Rent: $650
Previous Median Rent: $650
Based on 88 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.1%
Current Median Price: $1,100,000
Current Median rent: $650
Based on 76 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2025)