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Investment Property Broadmeadow, NSW, 2292

Suburb Snapshot

Broadmeadow is a suburb in the Newcastle Region of New South Wales. Broadmeadow has a population of 1,596 people and 36.77% of its occupants live in rental accommodation. The median listing price for houses is $890,000 and this has changed -7.78% over the past year and changed 6.58% over 2 years.

The median rent in Broadmeadow for houses is $650 per week and the median rental yield is 3.79%. Stock on the market for houses/townhouses has changed -42.86% compared to last year and the average time to sell a house/townhouse is 57 days.The median listing price for units is $689,500 and this has changed 6.07% over the past year. The average unit takes NA days to sell and the median rent for a unit in Broadmeadow is $580 per week, producing a rental yield of 4.37%.

Supply & Demand in Broadmeadow, Newcastle

2.04%

Current vacancy rate


19

Rental stock available


1,596

Population


36.77%

Rental population


1.06%

Current vacancy rate


872

Rental stock available


155,409

Population


31.53%

Rental population


1.02%

Current vacancy rate


37,155

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Broadmeadow, Newcastle

  House Townhouses Units
Median listing price $890,000 NA $689,500
Median price change - last quarter 3.57% NA 1.39%
Median price change - 1 year -7.78% NA 6.07%
Median price change - 2 years 6.58% NA 6.07%
  House Townhouses Units
Median weekly rent $650 $595 $580
Median yield % 3.79% NA 4.37%
Median rent change - 1 year 0.00% 0.84% 5.45%
  House Units
Previous month sales 1 2
Stock on market previous month 4 1
Stock variance vs. last year -42.86% -75.00%
Average days on market 57 NA

Broadmeadow investment property listings

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