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Investment Property The Hill, NSW, 2300

Suburb Snapshot

The Hill is a suburb in the Newcastle Region of New South Wales. The Hill has a population of 1,942 people and 44.81% of its occupants live in rental accommodation. The median listing price for houses is $2,000,000 and this has changed NA over the past year and changed NA over 2 years.

The median rent in The Hill for houses is $825 per week and the median rental yield is 2.14%. Stock on the market for houses/townhouses has changed -28.57% compared to last year and the average time to sell a house/townhouse is 83 days.The median listing price for units is $622,500 and this has changed -1.97% over the past year. The average unit takes 82 days to sell and the median rent for a unit in The Hill is $550 per week, producing a rental yield of 4.59%.

Supply & Demand in The Hill, Newcastle

1.65%

Current vacancy rate


19

Rental stock available


1,942

Population


44.81%

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 The Hill, Newcastle

  House Townhouses Units
Median listing price $2,000,000 NA $622,500
Median price change - last quarter -11.12% NA 2.04%
Median price change - 1 year NA NA -1.97%
Median price change - 2 years NA NA 10.66%
  House Townhouses Units
Median weekly rent $825 $800 $550
Median yield % 2.14% NA 4.59%
Median rent change - 1 year 11.48% 1.91% 10.00%
  House Units
Previous month sales 2 3
Stock on market previous month 5 16
Stock variance vs. last year -28.57% 23.08%
Average days on market 83 82

The Hill investment property listings

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