Newcastle, NSW

FAIR VALUE

8,943 sales · 36 years of data · NSW, Australia

$1,068,656
Median (All)
$1,500,000
Median (Houses)
$1,052,000
Median (Apartments)
7.0%
10yr CAGR
5.3%
36yr CAGR
77.9%
Strata %
36 years of data · 8,943 sales analysed · 2,500+ suburbs · Updated weekly

Newcastle, NSW Property Market Overview

Newcastle, NSW, postcode 2300, is a vibrant coastal city located approximately 160km north of Sydney. With a rich history and a burgeoning property market, Newcastle offers a diverse range of housing options, from heritage homes to modern apartments. AusPropertyInsights.app data reveals a total of 8,943 recorded sales in Newcastle over the past 36 years, providing a comprehensive view of the suburb's property activity.

Currently, Newcastle's median property price (all types) stands at $1,068,656. Houses command a higher median of $1,500,000, while apartments have a median of $1,052,000. This difference reflects the variety of housing styles available and the demand for each. These figures, as of early 2026, provide a snapshot of the current market dynamics in Newcastle.

Currently fair value
Relative to the long-term price trend line
$500K invested 10yr ago → $983,576
Based on the 10-year compound annual growth rate of 7.0%
Predominantly apartments78% apartments
22% of sales are houses and other non-strata properties
Loading chart...

Property Mix

22%
78%
Houses 22%$1,500,000Apartments 78%$1,052,000

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Newcastle

Street Rankings

Top streets in Newcastle, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Bolton StApartment17$1,230,000
2Honeysuckle DrApartment92$1,500,000
3King StHouse5$1,500,000
4Shortland EspApartment20$950,000

... and 90 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Wolfe StApartment12$9,658/m²
2Bolton StApartment8$9,556/m²
3Lyrique LaneApartment6$10,404/m²
4Wharf RdHouse4$20,404/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Hunter StApartment+7.6%
2Wharf RdApartment+3.7%
3Pacific StApartment+7.9%
4Shortland EspApartment+6.9%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

158
apartment buildings analysed
#AddressSalesMedian$/m²
145 Honeysuckle Dr7$1,660,120$8,588/m²
223 Honeysuckle Dr8$1,650,000$10,666/m²
3414 Hunter St5$1,900,000$9,596/m²
431 Honeysuckle Dr4$1,742,550$12,154/m²

... and 154 more buildings

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

See flipper risk data
Risk Indicator

Settlement times & problem streets

61
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

78%
apartments across 158 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

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94 streets and 158 buildings to explore

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3 street rankings
All 94 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
158 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 8,943 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Newcastle at a Glance

Region
Hunter Region
CBD Distance
160km north of Sydney CBD
Train Station
Newcastle Interchange (Central Coast & Newcastle Line)
Council
City of Newcastle
Property Character
Coastal city with a mix of heritage and modern developments
Community
Diverse, including young professionals, families, and retirees

Newcastle, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Newcastle, NSW

Living in Newcastle offers a blend of coastal charm and urban convenience. The suburb is home to several schools, including Newcastle East Public School and Newcastle High School, catering to families with children. Residents enjoy easy access to beaches like Nobbys Beach and Newcastle Beach, perfect for swimming, surfing, and relaxing.

Newcastle boasts a vibrant city centre with a range of shopping, dining, and entertainment options. Major shopping centres include Marketown Shopping Centre and Westfield Kotara, offering a variety of retail stores and services. The suburb is also well-connected by public transport, with Newcastle Interchange providing train and bus services to surrounding areas. Parks like King Edward Park provide green spaces for recreation and relaxation. The suburb has a relaxed, community-focused vibe, attracting people who appreciate its coastal lifestyle and historical character.

The cultural scene in Newcastle is thriving, with art galleries, theatres, and live music venues adding to the suburb's appeal. Residents enjoy a diverse range of activities and events, from beachside festivals to cultural exhibitions. The community spirit in Newcastle is strong, making it a welcoming place to live.


Who Buys in Newcastle?

Newcastle attracts a diverse range of buyers, including families, professionals, and downsizers. The high strata title percentage of 77.9% indicates a strong interest from apartment buyers, including first home buyers and investors. The median apartment price of $1,052,000 may appeal to those seeking more affordable entry points into the property market.

The median house price of $1,500,000 suggests that families and established professionals are also active in the Newcastle market. The historical growth rates, with a 10-year CAGR of 7.0%, may attract buyers seeking long-term capital appreciation. The suburb's coastal lifestyle and urban amenities appeal to a broad range of demographics.

Market Analysis

Newcastle's property market, as of early 2026, is assessed to be near its long-term trend, indicating fair value. This cycle position suggests that the market is neither significantly overvalued nor undervalued, based on historical data and current price levels.

Being at fair value means that Newcastle's property prices are currently aligned with their expected trajectory, considering factors such as historical growth, income levels, and interest rates. This position implies a balanced market, where price movements are likely to be more stable and predictable in the near term. It's important to note that market conditions can change, and this analysis is based on the data available to AusPropertyInsights.app.


Is Newcastle a Good Investment?

Newcastle's property market has demonstrated consistent growth over the long term, as evidenced by its historical CAGR figures. The 10-year CAGR of 7.0% and the full-period CAGR of 5.3% highlight the suburb's ability to generate capital appreciation over time. These figures, as of early 2026, provide a historical perspective on Newcastle's property market performance.

The current cycle position of Newcastle, near its long-term trend (fair value), suggests that the market is relatively balanced. While this does not guarantee future growth, it indicates that current prices are aligned with historical trends and economic fundamentals. Factors that contribute to Newcastle's property values include its coastal location, its proximity to Sydney, its diverse housing options, and its growing urban amenities.

Newcastle's ongoing development and infrastructure projects also play a role in its property market dynamics. The suburb's transformation into a vibrant city centre has attracted new residents and businesses, contributing to its overall appeal. These factors, combined with its historical growth patterns, make Newcastle an area of interest for property market observers.


Newcastle Market Outlook

As of early 2026, Newcastle's property market is assessed to be near its long-term trend, reflecting fair value. Recent price trends have shown moderate growth, aligning with historical patterns. The market is influenced by factors such as interest rates, economic conditions, and local development projects.

While the market is currently balanced, it is important to monitor future developments and potential shifts in economic conditions. AusPropertyInsights.app will continue to provide updated data and analysis to help track the evolving dynamics of Newcastle's property market.

Streets & Location in Newcastle, NSW

Newcastle, postcode 2300, boasts a mix of residential and commercial areas. Some of the notable streets in Newcastle, based on median property prices, include LYRIQUE LANE, WOLFE ST, and KING ST. These streets represent different aspects of Newcastle's character, from quiet residential pockets to bustling commercial hubs.

Located on the coast, Newcastle offers residents access to beaches, harbour views, and a vibrant city centre. The suburb's proximity to the water and its historical significance contribute to its unique appeal. With a total of 94 streets, Newcastle offers a diverse range of living environments.

Market Dynamics

The average settlement time for properties in Newcastle is 61 days, reflecting a typical transaction timeframe for the area. This indicates a relatively efficient process for buying and selling properties in Newcastle. This data point, as of early 2026, provides insight into the current market conditions.

AusPropertyInsights.app data does not currently show significant quick-flip activity in Newcastle. This suggests that speculative buying and selling are not prevalent in the suburb, contributing to a more stable market environment. Transaction patterns in Newcastle are influenced by various factors, including interest rates, economic conditions, and local development projects.

Development & Density

Newcastle features a mix of housing types, with a growing number of apartment buildings. There are currently 158 apartment buildings in Newcastle, reflecting the suburb's increasing density and its appeal to apartment dwellers. The strata title percentage of 77.9% further highlights the prevalence of apartment living.

The suburb's development density is influenced by its location and its historical development patterns. While some areas retain a more traditional housing character, others are experiencing increased development and higher-density living. This trend reflects the changing demographics and housing preferences in Newcastle.

Growth & Property Mix

Over the past 10 years, Newcastle has experienced a compound annual growth rate (CAGR) of 7.0%. Looking further back, the 20-year CAGR is 4.5%, while the full-period CAGR, spanning 36 years of data, is 5.3%. These figures demonstrate Newcastle's consistent, albeit fluctuating, property value appreciation over time.

The property mix in Newcastle is diverse, with a significant proportion being apartments. The strata title percentage sits at 77.9%, indicating a strong presence of apartment living in the suburb. This mix of houses and apartments provides a variety of options for potential residents and investors.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Newcastle, NSW

What is the median property price in Newcastle?
As of early 2026, the median property price (all types) in Newcastle is $1,068,656. Houses have a higher median of $1,500,000, while apartments have a median of $1,052,000, reflecting the diverse range of housing options available.
Is Newcastle overvalued or undervalued?
According to AusPropertyInsights.app data, Newcastle's property market is currently near its long-term trend, indicating fair value. This suggests that the market is neither significantly overvalued nor undervalued based on historical data.
How has the Newcastle property market performed over 10 years?
Over the past 10 years, Newcastle's property market has experienced a compound annual growth rate (CAGR) of 7.0%. This demonstrates consistent growth in property values over the past decade.
What percentage of Newcastle is apartments vs houses?
Apartments make up a significant portion of the property market in Newcastle. The strata title percentage sits at 77.9%, indicating a strong presence of apartment living in the suburb.
Where is Newcastle in the property cycle?
Newcastle's property market is currently assessed to be near its long-term trend, indicating fair value. This suggests that the market is relatively balanced based on historical data and current price levels.
What schools are near Newcastle?
Newcastle is home to several schools, including Newcastle East Public School, Newcastle High School, and San Clemente High School (Waratah), catering to students of all ages.
What is Newcastle like to live in?
Living in Newcastle offers a blend of coastal lifestyle and urban convenience. Residents enjoy access to beaches, parks, shopping centres, and a vibrant city centre. The suburb has a relaxed, community-focused vibe.
Is Newcastle good for families?
Newcastle can be a good option for families, with its schools, parks, and family-friendly amenities. The suburb offers a range of housing options, although house prices are relatively high.
How far is Newcastle from Sydney CBD?
Newcastle is located approximately 160km north of Sydney CBD. It is accessible by train via the Central Coast & Newcastle Line, which takes around 2.5 to 3 hours.
What transport options are in Newcastle?
Newcastle is well-connected by public transport, with Newcastle Interchange providing train and bus services to surrounding areas. Major roads include the Pacific Highway and the Hunter Expressway, facilitating travel to other parts of NSW.
How does Newcastle compare to nearby suburbs?
Compared to suburbs further up the Hunter Valley, Newcastle generally commands higher median property prices due to its coastal location and proximity to amenities. Suburbs like Merewether and Hamilton often have similar price trends, while areas further inland tend to be more affordable.
Is Newcastle a good first home buyer suburb?
Newcastle offers some opportunities for first home buyers, particularly in the apartment market, where median prices are lower than houses. The strata percentage is high, reflecting the number of apartments available. However, overall affordability remains a consideration.
What are the best streets in Newcastle?
Based on median property prices, some of the notable streets in Newcastle include LYRIQUE LANE, WOLFE ST, and KING ST. These streets represent different aspects of Newcastle's character, from residential areas to commercial hubs.
How many properties have been sold in Newcastle?
Over the past 36 years, there have been a total of 8,943 recorded property sales in Newcastle. This provides a substantial dataset for analysing the suburb's property market trends.
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