Newcastle NSW 2300 — House Prices, Rent & Suburb Profile
Newcastle is a suburb in New South Wales (postcode 2300). The median sale price is $895k (+99% since 2012). The median weekly rent is $680/week, a gross rental yield of about 4%. It has a population of about 3,852 (ABS Census 2021).
Median sale price trend
| Year | Median sale price |
|---|---|
| 2021 | $843,000 |
| 2022 | $872,500 |
| 2023 | $840,000 |
| 2024 | $820,000 |
| 2025 | $970,000 |
| 2026 | $895,000 |
Source: NSW Valuer General bulk property sales. Medians shown only where there are enough sales.
Median weekly rent by bedrooms
| Bedrooms | Median weekly rent |
|---|---|
| 1-bedroom | $550 |
| 2-bedroom | $725 |
| 3-bedroom | $885 |
Postcode-level median (all property types). Source: NSW DCJ rental bonds.
Housing mix
Predominantly apartment (94% of recorded sales).
Demographics (ABS Census 2021)
- Population: 3,852
- Median age: 41
- Median weekly household income: $1,943
- Average household size: 1.7
Socio-economic profile (ABS SEIFA 2021)
- IRSAD (relative advantage/disadvantage): score 1090 · 94th percentile in Australia
- IEO (education & occupation): score 1111 · 96th percentile
Higher score = relatively more advantaged. This is a socio-economic index, not a measure of school or teaching quality. Source: ABS SEIFA 2021 (CC BY).
Transport
Nearest station: Crown Street Light Rail (lightrail), about 0.3 km from the suburb centre.
Frequently asked questions
What is the median house price in Newcastle?
The median sale price in Newcastle NSW 2300 is $895,000, up 99% since 2012. Based on NSW Valuer General sales data.
What is the average weekly rent in Newcastle?
The median weekly rent in Newcastle (postcode 2300) is $680 per week. Source: NSW DCJ rental bonds.
What is the rental yield in Newcastle?
The estimated gross rental yield in Newcastle is about 4%, based on the median weekly rent relative to the median sale price.
Nearby suburbs
- Wickham 2293
- Cooks Hill 2300
- Newcastle East 2300
- Newcastle West 2302
- The Hill 2300
- Carrington 2294
- Hamilton East 2303
- Bar Beach 2300
Explore house prices & rent in suburbs near Newcastle. Browse all NSW suburbs →
Prices, rents, school zones, land values and zoning across NSW.
Data: NSW Valuer General (sales & land value), NSW DCJ (rents), ABS Census & SEIFA 2021, TfNSW (transport). Figures are medians and estimates for general information only, not valuations or advice.