Jesmond is Newcastle's premier student suburb adjacent to the University of Newcastle's main Callaghan campus — a dense rental market where proximity to UON's 38,000 students, easy access to John Hunter Hospital's medical precinct, and improving Jesmond Central shopping complex create among Newcastle's highest residential rental yields. Its strong investor fundamentals, gentrification-in-progress narrative driven by UON's urban campus development plans, and consistent demand from the Newcastle medical and research workforce create a compelling long-term investment case. At the current $880k median house price, an 80% loan at 6.25% over 30 years is about $4,335 per month.
| Median house price | $880,000 |
|---|---|
| Median unit price | $620,000 |
| Estimated monthly repayment | $4,335 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 7.5% |
| Gross rental yield | 4.8% |
| Typical days on market | 16 |
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