House prices across Newcastle and Lake Macquarie have risen significantly over the past 3 and 12 months according to data from CoreLogic. Median home values have increased by double-digit percentages in many suburbs, with Blacksmiths seeing a 10.7% rise over 3 months and 23.2% increase over 12 months. Overall the data shows widespread growth across the region, with few suburbs experiencing increases under 5% over the past year.
Original Description:
Newcastle and Lake Macquarie house prices, according to CoreLogic’s national home value index
House prices across Newcastle and Lake Macquarie have risen significantly over the past 3 and 12 months according to data from CoreLogic. Median home values have increased by double-digit percentages in many suburbs, with Blacksmiths seeing a 10.7% rise over 3 months and 23.2% increase over 12 months. Overall the data shows widespread growth across the region, with few suburbs experiencing increases under 5% over the past year.
House prices across Newcastle and Lake Macquarie have risen significantly over the past 3 and 12 months according to data from CoreLogic. Median home values have increased by double-digit percentages in many suburbs, with Blacksmiths seeing a 10.7% rise over 3 months and 23.2% increase over 12 months. Overall the data shows widespread growth across the region, with few suburbs experiencing increases under 5% over the past year.
according to CoreLogic’s national home value index (*suburbs with less than 20 sales observations, and low confidence in the median valuation have been excluded)
3-MONTH 12-MONTH MEDIAN
SUBURB CHANGE IN CHANGE IN VALUE INDEX VALUE INDEX VALUE ADAMSTOWN 9.9% 18.0% $833,343 ADAMSTOWN HEIGHTS 9.7% 18.3% $860,597 ARCADIA VALE 6.2% 6.4% $609,173 BARNSLEY 8.7% 11.8% $494,538 BELMONT 7.7% 18.8% $668, 971 BELMONT NORTH 10.1% 23.9% $676,877 BERESFIELD 8.6%Q 19.5% $438,204 BIRMINGHAM GARDENS 8.0% 17.9% $532,461 BLACKALLS PARK 7.8% 12.2% $532,034 BLACKSMITHS 10.7% 23.2% $776,811 BOLTON POINT 6.3% 7.2% $492,228 BONNELLS BAY 5.4% 6.4% $633,454 BOOLAROO 10.9% 23.7% $624,257 BOORAGUL 9.5% 17.5% $539,167 BROADMEADOW 8.8% 17.2% $861,705 CAMERON PARK 5.1% 10.0% $722,612 CARDIFF 9.7% 25.1% $601,681 CARDIFF HEIGHTS 9.4% 24.6% $670,886 CARDIFF SOUTH 9.0% 25.1% $634,892 CAREY BAY 5.7% 7.3% $632,622 CARRINGTON 6.5% 15.3% $856,165 CATHERINE HILL BAY 10.1% 27.1% $940,108 CHARLESTOWN 9.2% 21.7% $705,098 COAL POINT 4.5% 5.4% $731,097 COOKS HILL 10.4% 13.5% $1,389,542 COORANGBONG 4.9% 12.7% $637,085 DORA CREEK 6.7% 13.6% $629,232 DUDLEY 11.1% 25.6% $740,968 EDGEWORTH 6.9% 10.3% $522,093 ELEEBANA 9.4% 20.3% $949,042 ELERMORE VALE 7.8% 18.0% $650,084 FENNELL BAY 5.7% 7.0% $509,523 FERN BAY 10.5% 18.6% $830,728 FISHING POINT 7.0% 10.7% $710,571