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Investment Property Islington, NSW, 2296

Suburb Snapshot

Islington is a suburb in the Newcastle Region of New South Wales. Islington has a population of 1,887 people and 40.21% of its occupants live in rental accommodation. The median listing price for houses is $900,000 and this has changed 0.89% over the past year and changed 8.43% over 2 years.

The median rent in Islington for houses is $650 per week and the median rental yield is 3.75%. Stock on the market for houses/townhouses has changed 20.00% compared to last year and the average time to sell a house/townhouse is 58 days.The median listing price for units is $690,000 and this has changed -5.48% over the past year. The average unit takes 67 days to sell and the median rent for a unit in Islington is $610 per week, producing a rental yield of 4.59%.

Supply & Demand in Islington, Newcastle

1.17%

Current vacancy rate


13

Rental stock available


1,887

Population


40.21%

Rental population


1.04%

Current vacancy rate


855

Rental stock available


155,409

Population


31.53%

Rental population


1.02%

Current vacancy rate


37,030

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Islington, Newcastle

  House Townhouses Units
Median listing price $900,000 NA $690,000
Median price change - last quarter 0.11% NA -1.43%
Median price change - 1 year 0.89% NA -5.48%
Median price change - 2 years 8.43% NA -8.00%
  House Townhouses Units
Median weekly rent $650 $865 $610
Median yield % 3.75% NA 4.59%
Median rent change - 1 year 4.00% 3.59% 1.66%
  House Units
Previous month sales 5 2
Stock on market previous month 12 5
Stock variance vs. last year 20.00% -16.67%
Average days on market 58 67

Islington investment property listings

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