Auction Times
Thu 21 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 87 Young Street 0 2 0 House | 3:00 PM Thu 21st Nov | Street Property Group |
Sat 30 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 5 Young Street 2 1 0 House | 10:30 AM Sat 30th Nov | Harcourts Newcastle |
 | 74 Mathieson Street 3 1 1 House | 12:00 PM Sat 30th Nov | Dowling Real Estate |
 | 103 Gipps Street 4 2 0 House | 2:15 PM Sat 30th Nov | Belle Property Newcastle City |
Median Sale Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 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 | $1,150,000 | 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 | $1,070,000 | +22.4% | $655,000 | $1,550,000 | 24 |
Median Sale Price
$1.07M
Based on 28 recorded sales within the last 12 months
Updated on 21 Nov 2024
Suburb Growth
+17.3%
Current Median Price: $1,070,000
Previous Median Price: $885,000
Based on 62 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 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 | 39 |
Median Rent Price
$650
per week
Based on 48 recorded rent within the last 12 months
Updated on 21 Nov 2024
Rent Price Growth
+4.6%
Current Median Rent: $650
Previous Median Rent: $620
Based on 88 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.2%
Current Median Price: $1,070,000
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 Oct 2024)