Adamstown Heights is a mid-sized suburb in New South Wales within the Newcastle local government area (postcode 2289). With a population of 5,621, the suburb has an established demographic with a median age of 39. Households earn a median income of $121K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Adamstown Heights is $1.6 million, having surged 32.9% over the past year. Units have a median price of $790,000 (+2.6% YoY). The current median weekly rent is $740. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,201.
Public transport access includes 47 bus stops. The crime rate in the Newcastle LGA is moderate at 6,194 incidents per 100,000 population.
From an investment perspective, Adamstown Heights offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 13.2x is considered stretched. House prices have moved +32.9% year-on-year.
Adamstown Heights is a mid-sized suburb in New South Wales within the Newcastle local government area (postcode 2289). With a population of 5,621, the suburb has an established demographic with a median age of 39. Households earn a median income of $121K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Adamstown Heights is $1.6 million, having surged 32.9% over the past year. Units have a median price of $790,000 (+2.6% YoY). The current median weekly rent is $740. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,201.
Public transport access includes 47 bus stops. The crime rate in the Newcastle LGA is moderate at 6,194 incidents per 100,000 population.
From an investment perspective, Adamstown Heights offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 13.2x is considered stretched. House prices have moved +32.9% year-on-year.