Newcastle’s* median house price was $717,500 in Q1 2019, and the median unit price was recorded at $510,000. This represents annual (Q1 2018 – Q1 2019) price changes of -2.4% and -17.1% for houses and units respectively. When compared to the 2nd Half 2019 Newcastle Property Factsheet, which reported annual (Q3 2017 – Q3 2018) price growth of 6.8% (house) and 13.2% (unit), both houses and units in Newcastle* have recently become more affordable.
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