Bar Beach, NSW, 2300
Bar Beach is a beachside oasis located 1.6 km southwest of the Newcastle CBD. Framed by stunning ocean views, Bar Beach is surrounded by The Hill to the north, the Tasman Sea to the east, Merewether to the south and The Junction to the west.
With a population of approximately 1,100, just over half the residents of Bar Beach are managers and professionals, reflecting the prestige of the suburb. The median weekly income for Bar Beach is $1,129, with average monthly mortgage repayments coming in at $2,500, indicating the growing prices of property in the area.
There is a lack of data surrounding unit prices and growth in Bar Beach. However, the housing market is particularly strong, with an average long-term growth of 15.81%. With a median house price of $2.9 million, the suburb is one of the most expensive in the Newcastle LGA, with high demand and limited supply ensuring strong gains into the future.
Median house price - $2,900,000
Median unit price - N/A
Median weekly house rental price - $650
Median weekly unit rental price - $405
Median house rental yield - 1.17%
Median unit rental yield - N/A
12 month growth (houses) - N/A
12 month growth (units) - N/A
Average long-term growth (houses) - 15.81%
Averaged long-term growth (units) - N/A
Bar Beach represents a luxurious beachside lifestyle, so it makes sense to add a touch of luxury when selling your Bar Beach home. Consider investing in smart technology to wow potential buyers with integrated sound systems, security alarms and smart door locks. Upgrade your appliances to give the illusion of luxury, without the expense of a full renovation. Your property is sure to sell for top dollar if it represents the luxury Bar Beach beachside dream.
Given Bar Beach’s enviable beachside position, it pays to focus on the outdoor lifestyle when appealing to prospective buyers. Even if your home does not boast ocean views, capitalise on your location and create an inviting outdoor area to soak up the coastal vibe. Use potted colour and leafy plants to bring the outside to your door. Create a secluded spot for outdoor entertaining and make the most of the outdoors when preparing your Bar Beach home for sale.
Bar Beach is highly sought-after by managers and professionals. To meet market demand (and maximise the price for your home), it’s vital to cater to this market. Declutter your home to maximise space and storage. Define a study/office space for those looking to work from home. Finish off those long postponed projects so busy professional buyers are not put off by the idea of a fixer-upper. Present your property as a complete package for the professional market.
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Public |
Catholic |
Independent |
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The Junction PS Newcastle HS |
St Joseph’s Merewether Holy Family, Merewether St Peter’s, Stockton St Columba’s Adamstown St Pius X (7-10) St Francis Xavier (11-12) |
Newcastle Grammar School St Philip’s Christian College Hunter Christian School |
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Medical |
Clubs |
Pubs |
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Lingard Hospital The Junction General Practice Cooks Hill Medical Centre Darby St Family Practice Merewether Family Practice AIM Specialist Medical Centre |
Bar Beach Surf Lifesaving Club Cooks Hill Surf Lifesaving Club Bar Beach Bowling Club |
The Junction Hotel The Beach Hotel |
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Landmarks |
Parks |
Supermarkets |
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Bar Beach Susan Gilmore Beach Anzac Memorial Walk |
Empire Park Nesca Park |
Junction Fair Shopping Centre Marketown Shopping Centre Aldi Newcastle Merewether IGA |
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