Newcastle, NSW

1,023 sales · the past 2 years · NSW Valuer General

Newcastle recorded 1,023 residential sales in the past 2 years, comprising Apartments at a median of $867,500 (864 sales); Townhouses at a median of $1,623,500 (128 sales); and Houses at a median of $1,700,000 (31 sales). The median apartment price was $867,500. Apartment prices ranged from $418k to $1.81M.
Median price
$868k
Apartments · 2 years
Sales (the past 2 years)
864
Active market
Price range
$418k–$1.81M
10th–90th pct
BudgetMarket accessGradeEst. properties
$575,000 23% C — Limited ~199 of 864
$700,000 34% C — Limited ~294 of 864
$875,000 52% B — Competitive ~449 of 864
$1,175,000 74% A — Strong access ~639 of 864
Under $450k
12%
$450k–$700k
22%
$700k–$1M
29%
$1M–$1.6M
25%
Over $1.6M
12%

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What is the median apartment price in Newcastle?

The median apartment price in Newcastle was $867,500 in the past 2 years, based on 864 recorded sales from the NSW Valuer General.

Is Newcastle affordable on a $700,000 budget?

A $700,000 budget gives access to approximately 18% of the Newcastle apartment market — a limited but not impossible position. You would be competing for properties at the lower end of the market.

How many apartments sold in Newcastle in the past 2 years?

864 apartments were recorded in Newcastle in the past 2 years by the NSW Valuer General. This classifies it as an active market (30+ sales per year).

What is the price range for apartments in Newcastle?

Sale prices in Newcastle ranged from $417,500 (10th percentile) to $1,814,000 (90th percentile) in the past 2 years.