Free full calculator →
Suburb Insights · NSW 2302

Newcastle West, NSW 2302 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Newcastle West is a regional centre in New South Wales, Australia, with a population of approximately 1,453, making it a boutique locality. Located approximately 116 km from the Sydney CBD, Newcastle West is a regional area in New South Wales. The median household income is $85,228 per year.

Investment Score

41 / 100 Moderate

Newcastle West has a solid income profile that supports reliable occupancy rates. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Sydney
Newcastle West
New South Wales · 2302
116 km from Sydney CBD
View on Google Maps ↗

Key Indicators

Postcode
2302

Official Australia Post postcode for Newcastle West. A postcode may cover multiple suburbs.

Australia Post Postcode Finder →
Population
1,453

Usual resident population at the most recent census.

Median weekly rent
$460/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$85,228/yr

Annual median household income (before tax) across all households.

Distance to CBD
116 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb.

Find schools near Newcastle West on My School →
Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$1,907/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
1% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Newcastle West is a smaller community of 1,453 — about 27% of the New South Wales suburb median (5,325) — so investors should factor in the narrower buyer pool and longer average time-on-market. Household income of $85,228/year is 13% below the New South Wales median of $97,552, typically translating into lower entry prices and a tenant base more sensitive to rent increases. Median weekly rent of $460 equates to $1,993/month — about 105% of the median mortgage repayment of $1,907/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. Newcastle West is 116 km from Sydney, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Only 1% of dwellings are separate houses (vs 76% state median), so this is a unit-heavy market where body-corporate decisions and strata supply meaningfully shape investor returns.

Newcastle West vs New South Wales Median

How Newcastle West stacks up against the median of all New South Wales suburbs in our dataset. Positive values mean Newcastle West sits above the state median; negative means below.

MetricNewcastle WestNSW medianΔ vs state
Population1,4535,325-73%
Median household income$85,228/yr$97,552/yr-13%
Median rent (weekly)$460$430+7%
Median mortgage (monthly)$1,907$2,167-12%
Distance to CBD116 km45 km+158%
Separate houses1%76%-75pp

Investor Checklist

Pre-inspection briefing for Newcastle West — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 1,453 means liquidity is thin and capital growth tends to lag the wider New South Wales market over full cycles.

Rental Yield

Strong rental coverage: $460/week (~$1,993/month) covers 105% of the $1,907/month median mortgage repayment, so the shortfall sits at just $0/month. Investors targeting positive cash flow should shortlist this suburb.

Renovation / Flip

Only 1% of dwellings are separate houses (vs 76% NSW median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.

Risk Factors

Run the numbers on a Newcastle West property

Full Property Analysis

30-year projections for Newcastle West

Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.

Create free account →
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Newcastle West are modest for 2026 — incomes 13% below the NSW median of $97,552 and a population of 1,453 suggest gains will lag headline metro markets. Rental coverage runs at ~105% of the typical mortgage ($1,993/month rent vs $1,907/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 41/100 places Newcastle West in the mid tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

Share your experience of Newcastle West

Lived in Newcastle West? Help other investors with an honest 100-word review. Sign-in required; all reviews are manually moderated before they appear.

Frequently Asked Questions

Is Newcastle West a good suburb for investment?

Newcastle West scores 41/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 1,453, median household income of $85,228/year and median weekly rent of $460. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Newcastle West?

The main demand drivers in Newcastle West are a median household income of $85,228/year, a dwelling mix that is 1% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Newcastle West?

Newcastle West has a usual resident population of approximately 1,453, compared with a New South Wales suburb median of 5,325 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Newcastle West from the Sydney CBD?

Newcastle West sits 116 km straight-line from the Sydney CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in Newcastle West?

The most recent census recorded a median weekly rent of $460 in Newcastle West, equating to approximately $23,920/year in gross rental income (state median $430/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Newcastle West?

The median monthly mortgage repayment in Newcastle West is $1,907, or approximately $22,884/year (vs $2,167/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Newcastle West cash-flow positive for investors?

A median weekly rent of $460 works out to $1,993/month, covering 105% of the median mortgage repayment of $1,907/month. That means rent exceeds the median repayment by roughly $86/month, so on these numbers Newcastle West leans cash-flow-positive before accounting for strata, council rates, insurance and maintenance. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Newcastle West?

The main risks are a thin buyer pool (1,453 residents), interest-rate sensitivity on the $1,907 median mortgage, a unit-heavy dwelling mix (1% houses) where body-corporate costs and apartment supply affect resale, the broader New South Wales market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Newcastle West profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

New South Wales Property Resources