Adamstown Property Market Update 2nd Half 2025
Adamstown is a charming suburb in Newcastle (New South Wales), known for its friendly community atmosphere and convenient amenities. The suburb offers a historic charm mixed with modern architecture; as well as parks, shops and cafes; making it ideal for families.
Property Trends
In Q2 2025, Adamstown recorded a median house price of $1,350,000 and a median unit price of $755,000. This represents an annual (Q2 2024 – Q2 2025) median price growth of 7.6% for houses and 3.4% for units. Comparing Q2 2024 and Q2 2025, sales grew by 3.0% (to 104 sales in Q2 2025) for houses and 34.8% (to 89 sales in Q2 2025) for units. This confirms a highly demanded market, which created a buffer against higher interest rates (hence price growth). Now is an ideal time for owners, especially house owners, to capitalise on their investments. For buyers, median unit price growth is still half of houses, which creates an ideal opportunity. With very few new houses planned, buyers must act fast – before there is further price growth.
Project Development
Adamstown will see approximately $132.0M of new projects commencing construction in 2025. Approximately 91 units/apartments and 29 dwellings are planned in 2025; whilst this will assist with current demand, Q2 2025 sales numbers suggest it is not enough. Thus, an undersupply will occur, which will push up prices for all stock types.
Rental Market & Growth
House rental yields in Adamstown were 3.5% as of June 2025, slightly above the Newcastle LGA (3.1%) and well above Sydney Metro (2.7%). Furthermore, median house rental price increased by 4.9% in the past 12 months to Q2 2025, at $750 per week. In the same timeframe, the number of houses rented increased by 1.6% (to 128 houses) in Q2 2025. There is a highly demanded and competitive house rental market in Adamstown, which is beneficial to investors.
Vacancy Rates & Property Investment
Adamstown recorded a vacancy rate of 0.7% in June 2025, below the Newcastle LGA average (1.1%) and Sydney Metro’s (1.6%). Vacancy rates have fluctuated in the past 12 months but overall showed a declining pattern; thus, an even tighter rental market. Furthermore, a 0.7% vacancy rate is significantly below the Real Estate Institute of Australia’s healthy benchmark of 3.0%. Thus, there is quicker occupancy of rental homes in Adamstown. This suggests a conducive investment environment, even with a higher median house and unit sales price in the past 12 months to Q2 2025.
