Carrington, Stockton, Tighes Hill and Hamilton were Newcastle’s top-growth suburbs over the last year, according to realestate.com.au’s article examining satellite cities outperforming their capital counterparts. MONTHLY HIGHLIGHTS: – 5 interested parties – Last sold in Sep 2020 for $5 million – Originally built in 1970; renovated in 2021; buyers plan to knock down and redevelop (residential).…
Category: Market update
Sales Trends – March 2025 Median Days on Market *Local data sourced from realestate.com.au MONTHLY HIGHLIGHT:
New listings lifted in February across all four local LGAs. Sold listings also rose but weren’t as strong as February of last year (except for Maitland, which performed similarly: 140 sales vs. 141 last Feb). February sales are still higher than in 2023 across all four local LGAs, and similar to that of 2022, the…
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…
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…