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Investment Property Jesmond, NSW, 2299

Suburb Snapshot

Jesmond is a suburb in the Newcastle Region of New South Wales. Jesmond has a population of 3,047 people and 56.02% of its occupants live in rental accommodation. The median listing price for houses is $745,000 and this has changed 8.75% over the past year and changed 12.87% over 2 years.

The median rent in Jesmond for houses is $530 per week and the median rental yield is 3.69%. Stock on the market for houses/townhouses has changed 11.11% compared to last year and the average time to sell a house/townhouse is 38 days.The median listing price for units is $442,500 and this has changed 4.11% over the past year. The average unit takes 110 days to sell and the median rent for a unit in Jesmond is $450 per week, producing a rental yield of 5.28%.

Supply & Demand in Jesmond, Newcastle

1.89%

Current vacancy rate


34

Rental stock available


3,047

Population


56.02%

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 Jesmond, Newcastle

  House Townhouses Units
Median listing price $745,000 NA $442,500
Median price change - last quarter 5.86% NA 4.16%
Median price change - 1 year 8.75% NA 4.11%
Median price change - 2 years 12.87% NA NA
  House Townhouses Units
Median weekly rent $530 $550 $450
Median yield % 3.69% NA 5.28%
Median rent change - 1 year 6.00% 4.76% 7.14%
  House Units
Previous month sales 0 1
Stock on market previous month 10 10
Stock variance vs. last year 11.11% 100.00%
Average days on market 38 110

Jesmond investment property listings

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