News

Newcastle Property Prices Outstripping Capital Cities

By Darren Penn

The median house price in Newcastle has grown faster than in every Australian capital city over the past 5 years, providing good news for home owners.

Data collated by Propell, a national property valuation company, also shows the growth in Newcastle’s median price will outstrip all Australian capitals except Sydney this year.

Propell’s data shows Newcastle’s median prices are expected to rise by 8% over the next 12 months and the median price of units in Newcastle is even closing in on Melbourne and Perth, having already overtaken the median unit price in Adelaide, Canberra and Hobart.

Up to Date

Latest News

  • EASY WAYS TO HELP YOU SAVE FOR A HOME LOAN DEPOSIT

    While it might be the classic dream, owning a comfortable and spacious home doesn’t need to be an unattainable fantasy. Thankfully, there are many ways for first time buyers to join the property ladder – all it takes is a little discipline and an easy-to-implement plan. Here are some of the … Read more

    Read Full Post

  • THREE STEPS TO CREATING A HOME YOU LOVE

    Interior designer Frances Cosway has built a career out of helping others create beautiful homes they love to live in. The author of ‘Your Forever Home’ and principal of White Pebble Interiors says there are tricks to making your house a place which gives you great joy.. “We often move … Read more

    Read Full Post