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PRD  →  Research Hub  →  Newcastle PRD Market Update 2nd Half of 2019

Newcastle PRD Market Update 2nd Half of 2019

In Q3 2019, Newcastle recorded a median house price of $717,000, and a median unit price of $507,500. This represents annual (Q3 2018 – Q3 2019) median price growth of 1.7% for houses and a price softening of -12.5% for units. At the same time total sales improved for Q3 2019, up by 5.9% for houses (to 144 sales) and by 36.6% for units (to 112 sales). Confidence is increasing in Newcastle, making now an ideal time to transact in the market.

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