NSW2302· Pop. 1,411Newcastle

NEWCASTLE WEST

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.

Median price

$755,000

NSW VG · 2026

Rent yield

5.2%

computed from govt data

Annual growth

-26.5%

annualised from govt data

Vacancy rate

1.6%

modelled estimate

AI insights for NEWCASTLE WEST

Investment analysis, risks & comparisons

PREMIUM

NEWCASTLE WEST shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

AI insights locked

Investment analysis · Risk assessment · Suburb comparisons

Unlock with Premium

Median price sourced from NSW VG · 2026 — real government transaction data. Growth, demand and vacancy figures remain modelled estimates.

Median rent

$750/wk

NSW Fair Trading · Apr 2026

Demand change

+5.0%

annual shift

Yield × growth index

-10.7

combined signal

Net yield (est.)

2.47%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+3.8%

est. compound, long-run avg

10-yr growth (CAGR)

+4.7%

est. compound, long-run avg

Rental demand

52 / 100

Moderate demand

Supply pipeline

Est.

1.0%

new dwellings approved / stock · Modelled estimate

Low supply pressure

5-year price history

2020

$595k

2021

$628k

2022

$791k

2023

$940k

2024

$1146k

2025

$1028k

2026

$755k

Source: NSW VG · 2026 · all sources

Market overview

NEWCASTLE WEST is a NSW suburb offering high rental yield and moderate price growth. The local economy supports a stable rental base, with ongoing demand from owner-occupiers and investors seeking value outside capital cities.

Highlights

Strong rental yield of 5.2%
Access to national transport network and amenities

Risk factors

Below-average growth — limited capital appreciation signal
Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$1,684/wk

$57k taxable p.a.

Renters

51.9%

42.7% owner-occupier

Median age

42.0 yrs

Unemployment

2.3%

Population growth

+1.5% p.a.

Investor-owned

15.0%

of all dwellings (ATO)

Houses

80%

8% apartments

Degree qualified

28.1%

bachelor's or higher (ABS)

Work from home

16.6%

of employed residents (ABS Census)

Median lot size

790 m²

Large block

Household size

2.4 persons

avg per dwelling (ABS Census)

Short-term rental

20.5%

High Airbnb activity

Market activity

Distance to CBD

115.8 km

Regional

Days on market

37 days

Normal turnover

Auction clearance

45.8%

Buyer's market

Walkability

58 / 100

Very walkable

Coastal proximity

2.7 km

Coastal

NBN technology

FTTN

Standard — fibre to node

Population density

636/km²

Suburban

Schools in postcode 2302

🎓1 Secondary

ACARA 2025

🎓Secondary (1)

Novoschool

Independent · Yrs 7-9

ICSEA 1077

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

Moderate

65/ 100

3.6 offences / 100 persons

Source: NSW BOCSAR · 2024-25

School quality

Above average

1077ICSEA · national avg 1000

1 school in postcode area

Source: ACARA My School 2025

Transit access

Good

57/ 100

🚆 1 train🚌 9 bus

Source: State GTFS feeds

Gentrification signal

/ 100

Early signs

Early-stage signals only. Watch for rising rents, new café activity, and building application increases as leading indicators.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

low

Source: State GIS flood zone data

🔥

Bushfire risk

none

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

medium

Coastal exposure + state climate

Live suburb intelligence

Fetching live data…

Location

Properties in NEWCASTLE WEST

View listings

Local professionals

Connect with agents and building inspectors who operate in NEWCASTLE WEST. Ask about off-market opportunities, rental appraisals, or arrange a building inspection.

Create a free account to message agents and inspectors directly.

Premium feature

Full suburb intelligence is available to Premium subscribers. Unlock unlimited research, scoring, and market signals.

Upgrade to Premium