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From: Jeanette .


I was listening to John Edwards from Residex on the radio last night and was surprised by his dampened enthusiasm for prospects for capital growth in Newcastle. A listener rang up to ask about Cardiff and he said that capital growth (he was talking about Newcastle generally) would only keep up with inflation however taken with rental returns the overall result would be good. A question was asked whether the prices could go down and he intimated that it was possible. I was just surprised because several weeks ago they did a special program raving about the prospects for Newcastle.
 
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Reply: 1
From: Miakat .


Jeanette,

I don't really agree with the projection for capital growth that you have stated. In the last 12 months Cardiff has experienced 7% growth but other Newcastle suburbs have experience 18-19%. As with all other cities, some areas will do better than others. I definitely think there is potential in Newcastle.

Miakat
 
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Reply: 1.1
From: Sergey Golovin


Was an article in Daily Telegraph yesterday that they going to open Stock Exchange in Newcastle.
Looks like it is going to be new financial center, perhaps?
Serge G.
 
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Reply: 2
From: KEITH MYLES


CENTRAL COAST. PARTICULARLY THE WYONG SHIRE(SPECIFIC AREAS) HAVE SHOWN GROWTH OF 20% OVER THE PAST 12 MONTHS. ACROSS THE BOARD THE CENTRAL COAST HAS EXPERIENCED AN AVERAGE OF 13% CAPITAL GROWTH FOR THE SAME PERIOD. SO COME AND JOIN OUR PARTY PEOPLE!
 
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Reply: 2.1
From: Terry Avery


Stop SHOUTING, turn off your Caps Lock
 
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Reply: 1.2
From: Mike .


Hi,

Here's some price data for Newcastle, NSW that I downloaded recently. Unfortunately, these stats articles don't appear in htm format as well as they do in newspaper print. Hope you can follow it.

How median house prices have changedAuthor: -
Date: 15 Jul 2000
Section: News
Publication: Newcastle Herald

P'CODE LOCALITIES HOUSES UNITS

2259 Chain Valley Bay, Dooralong, Durren Durren, Gwandalan, Jilliby, Kanwal, Lake Haven, Lake Munmorah, Lemon Tree, Mannering Park, Ravensdale, Summerland Point, Tacoma, Tuggerah, Tuggerawong, Warnervale, Watanobbi, Wyee, Wyong, Wyongah, Yarramalong.
No change to $134,000 median SNR*

2264 Balcolyn, Bonnells Bay, Brightwaters, Dora Creek, Eraring, Mandalong, Mirrabooka, Morisset, Silverwater, Sunshine
Plus 13% to $160,000. SNR

2265 Cooranbong, Martinsville.
Plus 15% to $150,000. SNR

2267 Wangi Wangi
Minus 1% to $140,000. SNR

2280 Belmont, Croudace Bay, Floraville, Jewells, Marks Point, Valentine.
Plus 3% to $164,000. Plus 1% to $135,000.

2281 Blacksmiths, Cams Wharf, Catherine Hill Bay, Caves Beach, Nords Wharf, Swansea.
Plus 11% to $170,000 SNR

2282 Eleebana, Warners Bay.
Plus 3% to $190,000. Minus 1% to $136,000.

2283 Arcadia Vale, Awaba, Balmoral, Blackalls Park, Bolton Point, Buttaba, Carey Bay, Coal Point, Fassifern, Fennell Bay, Fishing Point, Kilaben Bay, Rathmines, Toronto.
Plus 7% to a median of $150,000.
Plus 10% to a median of $160,000.

2284 Argenton, Boolaroo, Booragul, Marmong Point, Speers Point, Teralba, Woodrising.
Plus 17% to a median price of $135,000. SNR

2285 Cardiff, Edgeworth, Glendale, Macquarie Hills.
Plus 4% to $123,000. SNR

2286 Estelville, Holmesville, West Wallsend.
Plus 2% to $107,000. SNR

2287 Birmingham Gardens, Elermore Vale, Fletcher, Maryland, Minmi, Rankin Park, Wallsend.
Plus 2% to $133,000. Plus 23% to $145,000.

2289 Adamstown, Adamstown Hts, Garden Suburb, Highfields, Kotara.
Plus 4% to $152,000. Minus 6% to $119,000.

2290 Bennetts Green, Charlestown, Dudley, Gateshead, Hillsborough, Kahibah, Mount Hutton, Redhead, Tingira Heights, Whitebridge.
Plus 9% to $148,000. Plus 2% to $142,000.

2291 Merewether, The Junction.
Plus 6% to $252,000. Plus 15% to $150,000.

2292 Broadmeadow.Plus 24% to $144,000. SNR

2293 Maryville, Wickham.SNRSNR

2294 Carrington.Plus 11% to $91,000. SNR

2295 Fern Bay, Stockton.Plus 16% to $149,000. SNR

2296 Islington.Minus 3% to $90,000. SNR

2297 Tighes Hill.Plus 19% to $105,000. SNR

2298 Georgetown, Waratah.Plus 1% to $124,000. SNR

2299 Jesmond, Lambton.Plus 7% to $137,000. Minus 24% to $90,000.

2300 Bar Beach, Cooks Hill, Newcastle.Plus 9% to $255,000. Plus 1% to $138,000.

2302 Newcastle West.SNRSNR

2303 Hamilton.Plus 2% to $183,000. SNR

2304 Mayfield, Sandgate.Plus 7%.Plus 8%

2305 Kotara East, New Lambton.Plus 11% to $165,000. Plus 17% to $134,000.

2306 Windale.Minus 4% to $69,000. SNR

2307 Shortland.Plus 2% to $114,000. SNR

2315 Corlette, Fingal Bay, Nelson Bay, Shoal Bay.Plus 12% to $225,000. Plus 4% to $175,000.

2316 Anna Bay.Plus 16% to $185,000.

2317 Salamander BayPlus 16% to $185,000.

2320 Bolwarra, Farley, Hillsborough, Largs, Lorn, Maitland, Pokolbin, Rothbury, Rutherford, Telarah. Plus 3% to $119,000. SNR

2321 Clarence Town, Gillieston Heights, Glen William, Heddon Greta, Hinton, Lochinvar, Morpeth, Raworth, Woodville. Minus 15% to $104,000. SNR

2322 Beresfield, Hexham, Tarro, Thornton, Tomago, Woodberry.No change to median of $105,000. SNR

2323 Ashtonfield, Brunkerville, Buttai, East Maitland, Freemans Waterhole, Green Hills, Metford, Mount Vincent, Mulbring, Tenambit. Plus 13% to $137,000. SNR

2324 Hawks Nest, Heatherbrae, Karuah, Limeburners Creek, Millers Forest, North Arm Cove, Osterley, Raymond Terrace, Seaham, Swan Bay, Tea Gardens. No change to median of $136,000. Minus 6% to $131,000.

2325 Aberdare, Abernethy, Bellbird, Cessnock, Congewai, Ellalong, Elrington, Kearsley, Kitchener, Laguna, Millfield, Mount View, Nulkaba, Paxton, Paynes Crossing, Pelton, Quorrobolong, Wollombi. Plus 5% to $82,000. SNR

2326 Abermain, Bishops Bridge, Weston.Plus 20% to $85,000.SNR

2327 Kurri Kurri, Pelaw Main, Stanford Merthyr.Plus 9% to $81,000. SNR

2334 Greta.SNRSNR

2335 Belford, Branxton, Dalwood, Elderslie, North Rothbury, Stanhope.SNRSNR

* Statistically Not Reliable

P'CODE LOCALITIES HOUSES UNITS

2259 Chain Valley Bay, Dooralong, Durren Durren, Gwandalan, Jilliby, Kanwal, Lake Haven, Lake Munmorah, Lemon Tree, Mannering Park, Ravensdale, Summerland Point,
Tacoma, Tuggerah, Tuggerawong, Warnervale, Watanobbi, Wyee, Wyong, Wyongah, Yarramalong.
No change to $134,000 median SNR*

2264 Balcolyn, Bonnells Bay, Brightwaters, Dora Creek, Eraring, Mandalong, Mirrabooka, Morisset, Silverwater, Sunshine
Plus 13% to $160,000. SNR

2265 Cooranbong, Martinsville.
Plus 15% to $150,000. SNR

2267 Wangi Wangi
Minus 1% to $140,000. SNR

2280 Belmont, Croudace Bay, Floraville, Jewells, Marks Point, Valentine.
Plus 3% to $164,000. Plus 1% to $135,000.

2281 Blacksmiths, Cams Wharf, Catherine Hill Bay, Caves Beach, Nords Wharf, Swansea.
Plus 11% to $170,000 SNR

2282 Eleebana, Warners Bay.
Plus 3% to $190,000. Minus 1% to $136,000.

2283 Arcadia Vale, Awaba, Balmoral, Blackalls Park, Bolton Point, Buttaba, Carey Bay, Coal Point, Fassifern, Fennell Bay, Fishing Point, Kilaben Bay, Rathmines, Toronto.
Plus 7% to a median of $150,000.
Plus 10% to a median of $160,000.

2284 Argenton, Boolaroo, Booragul, Marmong Point, Speers Point, Teralba, Woodrising.
Plus 17% to a median price of $135,000. SNR

2285 Cardiff, Edgeworth, Glendale, Macquarie Hills.
Plus 4% to $123,000. SNR

2286 Estelville, Holmesville, West Wallsend.
Plus 2% to $107,000. SNR

2287 Birmingham Gardens, Elermore Vale, Fletcher, Maryland, Minmi, Rankin Park, Wallsend.
Plus 2% to $133,000. Plus 23% to $145,000.

2289 Adamstown, Adamstown Hts, Garden Suburb, Highfields, Kotara.
Plus 4% to $152,000. Minus 6% to $119,000.

2290 Bennetts Green, Charlestown, Dudley, Gateshead, Hillsborough, Kahibah, Mount Hutton, Redhead, Tingira Heights, Whitebridge.
Plus 9% to $148,000. Plus 2% to $142,000.

2291 Merewether, The Junction.
Plus 6% to $252,000. Plus 15% to $150,000.

2292 Broadmeadow.Plus 24% to $144,000. SNR

2293 Maryville, Wickham.SNRSNR

2294 Carrington.Plus 11% to $91,000. SNR

2295 Fern Bay, Stockton.Plus 16% to $149,000. SNR

2296 Islington.Minus 3% to $90,000. SNR

2297 Tighes Hill.Plus 19% to $105,000. SNR

2298 Georgetown, Waratah.Plus 1% to $124,000. SNR

2299 Jesmond, Lambton.Plus 7% to $137,000. Minus 24% to $90,000.

2300 Bar Beach, Cooks Hill, Newcastle.Plus 9% to $255,000. Plus 1% to $138,000.

2302 Newcastle West.SNRSNR

2303 Hamilton.Plus 2% to $183,000. SNR

2304 Mayfield, Sandgate.Plus 7%.Plus 8%

2305 Kotara East, New Lambton.Plus 11% to $165,000. Plus 17% to $134,000.

2306 Windale.Minus 4% to $69,000. SNR

2307 Shortland.Plus 2% to $114,000. SNR

2315 Corlette, Fingal Bay, Nelson Bay, Shoal Bay. Plus 12% to $225,000. Plus 4% to $175,000.

2316 Anna Bay.Plus 16% to $185,000.

2317 Salamander BayPlus 16% to $185,000.

2320 Bolwarra, Farley, Hillsborough, Largs, Lorn, Maitland, Pokolbin, Rothbury, Rutherford, Telarah. Plus 3% to $119,000. SNR

2321 Clarence Town, Gillieston Heights, Glen William, Heddon Greta, Hinton, Lochinvar, Morpeth, Raworth, Woodville. Minus 15% to $104,000. SNR

2322 Beresfield, Hexham, Tarro, Thornton, Tomago, Woodberry.No change to median of $105,000. SNR

2323 Ashtonfield, Brunkerville, Buttai, East Maitland, Freemans Waterhole, Green Hills, Metford, Mount Vincent, Mulbring, Tenambit. Plus 13% to $137,000. SNR

2324 Hawks Nest, Heatherbrae, Karuah, Limeburners Creek, Millers Forest, North Arm Cove, Osterley, Raymond Terrace, Seaham, Swan Bay, Tea Gardens. No change to median of $136,000. Minus 6% to $131,000.

2325 Aberdare, Abernethy, Bellbird, Cessnock, Congewai, Ellalong, Elrington Kearsley, Kitchener, Laguna, Millfield, Mount View, Nulkaba, Paxton, Paynes Crossing, Pelton, Quorrobolong, Wollombi. Plus 5% to $82,000. SNR

2326 Abermain, Bishops Bridge, Weston.Plus 20% to $85,000. SNR

2327 Kurri Kurri, Pelaw Main, Stanford Merthyr.Plus 9% to $81,000. SNR

2334 Greta.SNRSNR

2335 Belford, Branxton, Dalwood, Elderslie, North Rothbury,
Stanhope.SNRSNR

* Statistically Not Reliable
 
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Reply: 1.2.1
From: Miakat .


Mike,

Those stats are at mid-2000. I think you'll find that postcodes 2298 is 9% this year and 2304 is 19%. Much higher this year. We are having a bit of a boom in Newcastle at the moment.

Miakat
 
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