$942
+18.8% p.a. — Very hot
$870K
+4.2% p.a.
5.6%
from est. buy price
1.6%
Tight
24d
Active
+18.8%
ABS CPI (official)
Tight
1.6% vacancy — reasonable rental supply
Active
Properties sell in 24 days median
Excellent cashflow
5.6% gross yield on house
Very hot
+18.8% annual rent change (ABS CPI)
~ Buy trend is estimated data
Click a row to update all charts to that type
| Type | Rent / wk● | Buy Price~ | Gross Yield~ | Monthly Rent● | Annual Rent● |
|---|---|---|---|---|---|
| houseselected | $942 | $870K | 5.6% | $4.1K | $49.0K |
| apartment | $778 | $580K | 7% | $3.4K | $40.5K |
| unit | $757 | $530K | 7.4% | $3.3K | $39.4K |
| townhouse | $885 | $720K | 6.4% | $3.8K | $46.0K |
Weekly rent
$942
Monthly rent
$4.1K
Annual rent
$49.0K
Bond (4 wks)
$3.8K
State avg weekly earnings: $1,952 · Source: ABS 6302.0 (Nov 2024)
Gross yield
5.6%
Est. net yield
~4.1%
Annual gross rent
$49.0K
Est. net income
$36.7K
Est. mortgage/wk
$1014
Rent covers
93% of mortgage
Buy prices are estimated — no free AU property sales API is available (Domain API returns 403 on free tier). Mortgage assumes 80% LVR at 6.49% p.a. (variable), 30yr P&I. Net yield deducts ~25% for costs. Not financial advice.
| Suburb | Median Rent/wk | Median Buy | Yield | WoW |
|---|---|---|---|---|
| Merewether | $850 | $1.10M | 4% | +1.5% |
| Hamilton | $720 | $880K | 4.3% | +1.2% |
| Newcastle CBD | $680 | $720K | 4.9% | +1.8% |
| Charlestown | $620 | $680K | 4.7% | +1% |
| Maitland | $560 | $580K | 5% | +0.8% |