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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

Showing 1 of 1 investment properties found in Jesmond on realestateinvestar.com.au

1/46-48 Heaton St, Jesmond

$655,000

property pic

Smart, Spacious & Steps from the University

Going all out on location and low maintenance living, this smart three-bedroom townhouse is an incredible find for homebuyers and investors looking to buy within easy reach of the University of Newcastle. Positioned within walking distance of the university and Jesmond Central, it is fabulously ...

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NSW 2299


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