Newcastle West (2302) median unit price & property market
In Newcastle West (2302), the median unit price is $880,000. Prices have grown 6.3% a year over the last five years. Below: price history, sales volume, listing age and demographics for Newcastle West, in the Newcastle LGA — built on NSW Valuer General bulk sales data and SQM Research listings.
Data updated 2026-10-19.
Quarterly medians from NSW Valuer General sales. Latest point is the trailing 12-month median, as in the terminal.
Newcastle West median unit price
- Median unit price
- $880,000 (89 sales)
- Median all dwellings
- $885,000 (94 sales)
Newcastle West price growth (CAGR)
- 1-year CAGR
- 6.0%
- 3-year CAGR
- 3.4%
- 5-year CAGR
- 6.3%
- 10-year CAGR
- 4.9%
Newcastle West market activity
- Annual sales (last 12mo)
- 94
- Annual sales (5y avg)
- 109
- Median listing age
- 72 days
Newcastle West demographics & location
- Population (ABS 2021)
- 1,453
- Population growth 2016-21
- 8.7%
- Median age
- 42
- Median weekly household income
- $1,639
- Median weekly rent
- $460
- Owner-occupier
- 28%
- Rented
- 72%
- Dwelling mix (house / townhouse / unit)
- 2% / 2% / 95%
- SEIFA decile (10 = highest)
- 9
- Distance to Sydney CBD
- 116.5 km
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Frequently asked
What is the median unit price in Newcastle West?
The median unit price in Newcastle West 2302 is $880,000, the median of 89 unit sales in the 12 months to August 2026.
How much has property grown in Newcastle West over 5 years?
Compound annual growth (CAGR) for Newcastle West over the last 5 years is 6.3%.
How many properties sell in Newcastle West per year?
Around 94 properties sold in Newcastle West 2302 in the last 12 months.
What is the population of Newcastle West?
Newcastle West 2302 has a population of 1,453 (ABS Census 2021).
How long do properties take to sell in Newcastle West?
The median listing age (a proxy for days on market) in Newcastle West 2302 is approximately 72 days, from SQM Research listings data.
Methodology
Medians computed from NSW Valuer General bulk sales data using nearest-month estimation with 3-month smoothing and 3× outlier rejection. CAGRs computed from trailing 12-month medians at each anchor point. The trailing 1–3 months of data are filtered when sale counts fall below typical volumes (settlement-lag handling). Listing age is derived from SQM Research bucketed listing-age data using midpoint medians. Demographics: ABS Census 2021. SEIFA: ABS SEIFA 2021. Full methodology →