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 | $715,000 | 0.0% | $480,000 | $1,825,000 | 15 |
| 2010 | $668,000 | -7.0% | $470,000 | $1,176,000 | 15 |
| 2011 | $830,000 | +19.5% | $512,000 | $2,800,000 | 15 |
| 2012 | $685,000 | -21.2% | $399,000 | $1,835,000 | 29 |
| 2013 | $659,500 | -3.9% | $450,000 | $1,850,000 | 33 |
| 2014 | $1,070,000 | +38.4% | $412,500 | $2,175,000 | 20 |
| 2015 | $905,000 | -18.2% | $450,000 | $2,410,000 | 13 |
| 2016 | $1,282,000 | +29.4% | $610,000 | $1,450,000 | 4 |
| 2017 | $1,290,000 | +0.6% | $520,000 | $2,700,000 | 10 |
| 2018 | $1,600,000 | +19.4% | $1,320,000 | $1,671,000 | 5 |
| 2019 | $1,560,000 | -2.6% | $1,130,000 | $1,700,000 | 8 |
| 2020 | $1,770,000 | +11.9% | $776,500 | $2,650,000 | 8 |
| 2021 | $1,850,000 | +4.3% | $795,000 | $4,700,000 | 17 |
| 2022 | $1,665,000 | -11.1% | $910,000 | $3,600,000 | 9 |
| 2023 | $2,495,000 | +33.3% | $1,300,000 | $5,770,000 | 9 |
| 2024 | - | - | - | - | - |
Median Sale Price
$2.5M
Based on 8 recorded sales within the last 12 months
Updated on 15 May 2024
Suburb Growth
+38.7%
Current Median Price: $2,495,000
Previous Median Price: $1,530,000
Based on 11 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 | $460 | 0.0% | $300 | $670 | 9 |
| 2012 | $530 | +13.2% | $350 | $800 | 7 |
| 2013 | $470 | -12.8% | $320 | $600 | 14 |
| 2014 | $590 | +20.3% | $340 | $900 | 4 |
| 2015 | $580 | -1.7% | $350 | $1,100 | 18 |
| 2016 | $590 | +1.7% | $360 | $690 | 8 |
| 2017 | $540 | -9.3% | $430 | $850 | 12 |
| 2018 | $650 | +16.9% | $360 | $1,500 | 8 |
| 2019 | $550 | -18.2% | $360 | $1,500 | 14 |
| 2020 | $550 | 0.0% | $460 | $800 | 5 |
| 2021 | $850 | +35.3% | $460 | $1,200 | 17 |
| 2022 | $630 | -34.9% | $450 | $1,300 | 8 |
| 2023 | $700 | +10.0% | $430 | $1,200 | 18 |
| 2024 | $995 | +29.6% | $675 | $1,650 | 6 |
Median Rent Price
$675
per week
Based on 17 recorded rent within the last 12 months
Updated on 15 May 2024
Rent Price Growth
-0.7%
Current Median Rent: $675
Previous Median Rent: $680
Based on 32 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+1.4%
Current Median Price: $2,495,000
Current Median rent: $675
Based on 25 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 The Junction
Houses sold in Last 12 months ends 11 May 2024
$2.8M
Median Sale Price
100%
Clearance Rate
3/3
Sold/Reported
$2.8M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M (Median Price Range) | 1 | |
| $1.4 M - $1.6 M | 1 | |
Similar Suburbs to The Junction 2291
Based on median house sale price sold in last 12 months
Schools closest to The Junction, NSW 2291
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| St Joseph's Primary School | FARQUHAR STREETMerewether 2291 | Primary | Catholic | 0.12 km |
| The Junction Public School | UNION STMerewether 2291 | Primary | Government | 0.23 km |
| Newcastle High School | PARK WAY AVEHamilton 2303 | Secondary | Government | 0.74 km |
| Hamilton South Public School | KENRICK STMerewether 2291 | Primary | Government | 0.81 km |
| Holy Family Primary School | 19 JANET STREETMerewether 2291 | Primary | Catholic | 1.3 km |
| St Francis Xaviers College | 286 PARKWAY AVENUEHamilton 2303 | Secondary | Catholic | 1.41 km |
| Merewether Public School | HENRY STMerewether 2291 | Primary | Government | 1.67 km |
| Newcastle East Public School | TYRRELL STNewcastle 2300 | Primary | Government | 1.85 km |