Auction Times
Sat 25 May | Auction Time | Agency | |
|---|---|---|---|
 | 20 Bentley Street 4 3 2 House | 12:00 PM Sat 25th May | First National Newcastle City |
Sat 1 Jun | Auction Time | Agency | |
|---|---|---|---|
 | 4 Hovea Place 4 2 2 House | 10:00 AM Sat 1st Jun | McGrath |
Median Sale Price
House
-
Updated on Mar 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Mar 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $480,000 | 0.0% | $85,000 | $6,100,000 | 39 |
| 2010 | $545,000 | +11.9% | $60,000 | $1,280,600 | 48 |
| 2011 | $587,500 | +7.2% | $70,000 | $1,510,000 | 52 |
| 2012 | $641,000 | +8.3% | $173,000 | $1,670,000 | 52 |
| 2013 | $712,500 | +10.0% | $104,000 | $1,580,000 | 68 |
| 2014 | $760,000 | +6.3% | $96,500 | $1,500,000 | 48 |
| 2015 | $770,000 | +1.3% | $167,750 | $2,126,000 | 30 |
| 2016 | $810,000 | +4.9% | $162,500 | $1,365,000 | 35 |
| 2017 | $940,000 | +13.8% | $56,000 | $1,565,000 | 28 |
| 2018 | $955,000 | +1.6% | $165,000 | $1,930,000 | 45 |
| 2019 | $845,000 | -13.0% | $90,000 | $1,709,500 | 38 |
| 2020 | $1,100,000 | +23.2% | $220,000 | $2,438,000 | 39 |
| 2021 | $1,470,000 | +25.2% | $210,000 | $2,725,000 | 33 |
| 2022 | $1,500,000 | +2.0% | $80,000 | $3,055,000 | 30 |
| 2023 | $1,635,000 | +8.3% | $400,000 | $3,160,000 | 20 |
| 2024 | $1,750,000 | +6.6% | $400,000 | $3,050,000 | 11 |
Median Sale Price
$1.65M
Based on 26 recorded sales within the last 12 months
Updated on 19 May 2024
Suburb Growth
+11.4%
Current Median Price: $1,650,000
Previous Median Price: $1,462,500
Based on 45 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Apr 2024)
Price Range Segments (12 months ending Apr 2024)
Median Weekly Rent Price
House
-
Updated on Mar 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Mar 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $430 | 0.0% | $290 | $745 | 20 |
| 2012 | $470 | +8.5% | $310 | $750 | 15 |
| 2013 | $495 | +5.1% | $230 | $795 | 32 |
| 2014 | $450 | -10.0% | $225 | $680 | 26 |
| 2015 | $500 | +10.0% | $350 | $1,200 | 40 |
| 2016 | $470 | -6.4% | $310 | $950 | 38 |
| 2017 | $470 | 0.0% | $300 | $700 | 32 |
| 2018 | $530 | +11.3% | $380 | $850 | 20 |
| 2019 | $595 | +10.9% | $380 | $760 | 18 |
| 2020 | $600 | +0.8% | $350 | $1,120 | 16 |
| 2021 | $620 | +3.2% | $440 | $1,000 | 23 |
| 2022 | $745 | +16.8% | $440 | $1,500 | 33 |
| 2023 | $790 | +5.7% | $480 | $1,200 | 34 |
| 2024 | $760 | -3.9% | $435 | $950 | 12 |
Median Rent Price
$760
per week
Based on 28 recorded rent within the last 12 months
Updated on 19 May 2024
Rent Price Growth
+2.0%
Current Median Rent: $760
Previous Median Rent: $745
Based on 70 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.4%
Current Median Price: $1,650,000
Current Median rent: $760
Based on 54 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Apr 2024)
Auction Results For Redhead
Houses sold in Last 12 months ends 18 May 2024
$1.35M
Median Sale Price
100%
Clearance Rate
1/1
Sold/Reported
$1.35M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.2 M - $1.4 M (Median Price Range) | 1 | |
Similar Suburbs to Redhead 2290
Based on median house sale price sold in last 12 months
Schools closest to Redhead, NSW 2290
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Redhead Public School | HUTCHINSON STRedhead 2290 | Primary | Government | 0.21 km |