Adamstown Real Estate Statistics 2018 | Borrelli Quirk Newcastle Real Estate

Adamstown Real Estate Statistics 2018

Adamstown, NSW, 2289

About Adamstown

Adamstown is a popular residential suburb, with train, bus and road access into the city.  Situated 6 km west south west of the CBD, Adamstown is surrounded by Broadmeadow to the north, Merewether and Hamilton South to the east, Adamstown Heights to the south and Kotara and New Lambton to the west.

Home to 6,224 people, houses and townhouse make up 80% of properties in Adamstown, with 60% owner-occupied. The median age of residents is 35, with the average weekly income $1214. Families account for 45% of the population, with the suburb also popular with single and independent residents.

In Adamstown, houses have an average long term growth of 8.26%, slightly stronger than the unit growth rate of 7.78%. However, units provide a better rental investment, with a median rental yield of 3.83%, outperforming houses on 3.21%. A high demand market, Adamstown’s convenient location, strong public transport links and desirable lifestyle should see growth continue in future.

Adamstown Real Estate Data

Current as of August 2018

Median house price - $730,000

Median unit price - $515,000

Median weekly house rental price - $450

Median weekly unit price - $380

Median house rental yield - 3.21%

Median unit rental yield - 3.83%

12 month growth (houses) - 15.87%

12 month growth (units) - 14.56%

Average long-term growth (houses) - 8.26%

Averaged long-term growth (units) - 7.78%

Tips for Selling Real Estate in Adamstown

Embrace the active lifestyle

Adamstown is the gateway to the Fernleigh track and is renowned for its rich sporting heritage. When selling property in Adamstown, embrace these features and highlight the benefits of an active lifestyle. Leave hints throughout the house of the activities potential buyers could enjoy. Display running shoes in the hallway, lean a bike against the front entrance and hang a surfboard in the garage. Sell the active lifestyle that defines Adamstown.

Modernise and upgrade key features

Adamstown is a mix of historic homes, post-war properties and modern living. Giving your property a facelift will maximise your sale price and appeal to more buyers. Update your kitchen & bathroom and open up the property to improve flow. At a minimum, a fresh coat of paint, new carpet and modern blinds will show off your property to best advantage. Give buyers the best of both worlds, by modernising key features of your historic Adamstown home.

Create storage solutions

Storage is something every buyer craves. Creating storage solutions for your home will set you apart in the market. Start off by identifying areas where you can increase storage in your property. Invest in built in wardrobes, introduce drawers and shelving in bathrooms and laundries, utilise wall space in hallways and fill niches with shelving. Give the market what they need by ensuring your property can meet the demanding storage needs of modern living.

Adamstown Schools

Public

Catholic

Independent

Adamstown PS

Kotara HS

St Columba’s Adamstown

St Therese’s New Lambton

St James’ Kotara

St Pius (7-10)

St Francis Xavier (11-12)

Newcastle Grammar School

St Philip’s Christian College

Hunter Christian School

Adamstown Services

Medical

Clubs

Pubs

Adamstown Medical Centre

Brunker Rd General Practice

Hunter Health Care

Adamstown Bowling Club

Merewether Golf Club

Newcastle United Sports Club

The Gates Hotel

Nag’s Head Hotel

Wickham Park Hotel

 

Landmarks

Parks

Supermarkets

Merewether Golf Course

Adamstown Railway Station

Fernleigh Track

Bullecourt Barracks

Newcastle Velodrome




Henderson Park

Belmore St Park

Myers Park

Adamstown Off Leash Park

Laneway Park

West Park

Foodworks

Westfield Kotara

The Junction Shopping Fair

Ritchie’s SUPA IGA Broadmeadow

 

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