Property Prices in Newcastle, Australia

Index Info
Price to Income Ratio: 8.14
Mortgage as Percentage of Income: 74.61%
Loan Affordability Index: 1.34
Price to Rent Ratio - City Centre: 23.33
Price to Rent Ratio - Outside of Centre: 25.74
Gross Rental Yield (City Centre): 4.29%
Gross Rental Yield (Outside of Centre): 3.89%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,750.00 A$ 700.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,457.50 A$ 600.00-1,920.00
Apartment (3 bedrooms) in City Centre 3,026.67 A$ 1,200.00-3,600.00
Apartment (3 bedrooms) Outside of Centre 2,136.00 A$ 1,000.00-2,816.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 812.89 A$ 696.77-929.02
Price per Square Feet to Buy Apartment Outside of Centre 696.77 A$ 650.32-743.22
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,987.88 A$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.80 6.50-7.50

These data are based on 55 entries in the past 18 months from 12 different contributors.
Last update: November 2024

Sources and References
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