Sold properties increased in November across the Newcastle, Maitland and Port Stephens LGAs by 6%, 15% and 25% respectively (Newcastle: 278, Maitland: 166, Port Stephens: 128). This was expected after the boom in new listings in October at the height of the Spring Selling Season. The Lake Macquarie LGA reported a slight drop in sales…
Category: Market update
We are pleased to report that sold volume rose in October across all four local LGAs, most notably Newcastle and Lake Macquarie. Data from REA Group shows 262 properties sold in the Newcastle LGA in Oct, up from 224 in Sept, 244 in Aug, and also up from 254 in Oct of 2023. 300 properties…
Data from REA Group shows a drop in sold volume for September, when traditionally we expect to see a lift coming into the Spring market. Across the Newcastle LGA, sales dipped to 224 in September from 244 in August and 250 in September of 2023. Other local LGAs followed suit: Lake Macquarie down to 251 from 265…