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All About Broadmeadow, Newcastle, NSW, 2292

BROADMEADOW, located in the city of Newcastle, New South Wales, is a suburb that has been garnering increasing attention in the housing market. Traditionally recognized for its well-established character and central location, Broadmeadow offers a variety of housing options, ranging from classic weatherboard homes to more modern apartments. Over recent years, the suburb has experienced moderate property appreciation, driven by Newcastle's overall growth and the demand for convenient inner-city living. The market dynamics here reflect a blend of long-term residents and newcomers looking for suburban charm with the advantages of urban proximity. Investors and homebuyers are particularly drawn to the area due to its accessibility, with Broadmeadow being a transport hub, including a major railway station, which links to broader Newcastle and Sydney.

Living in Broadmeadow offers a balanced lifestyle with the option to engage in bustling city amenities while residing in a quieter, more community-focused environment. The suburb is home to established sports venues like the Newcastle Showground and McDonald Jones Stadium, which host various cultural and sporting events, enhancing the area's lively atmosphere. Residents appreciate the array of local shops, cafes, and schools, contributing to a family-friendly community spirit. Additionally, the suburb is undergoing gradual gentrification, spurred by infrastructural developments and an influx of young professionals and families. Despite being a relatively compact suburb, Broadmeadow's strategic location allows quick access to Newcastle's beaches, parks, and dining precincts, appealing to those who seek convenience and recreational opportunities in their day-to-day life.

Household Makeup

Median Weekly Rent $398.75
Median Monthly Mortgage $1874.00
Median Persons Per bed houseroom 0.88
Average Household Size 2.00
Average Age 36.75
Average Income $908.50
Average Cars Per Dwelling 1.63
Average Properties Within 50M 22
Typical 1 bed house$668,000
Typical 2 bed house$871,000
Typical 3 bed house$1,091,000
Typical 4 bed house$1,355,000
Typical 5 bed house$1,392,000
Typical 6 bed+ house$2,533,000

Housing Stock

Local Internet Speeds

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Broadmeadow Real Estate Market Outlook

Thinking about buying in Broadmeadow? Now could not be a better time, with 1742 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,095,000 with prices in this suburb ranging from $33,000 to $63,515,000. Broadmeadow is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Broadmeadow due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Broadmeadow provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Broadmeadow to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Broadmeadow we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Broadmeadow a better buying opportunity than it may have been in the past.

Instant Property Valuation

Local Schools

Merewether High School

Hunter School of Performing Arts

Hamilton North Public School

Hamilton Public School

Adamstown Public School

Lambton High School

New Lambton South Public School

Merewether Public School

St Columba's Primary School

St Therese's Primary School

(While the above schools are located with the suburb of Broadmeadow there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Broadmeadow weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.018.930.148.193.64.624.5
Feb3.318.628.352.794.54.220.7
Mar5.117.426.854.2954.116.6
Apr4.413.724.551.695.83.614.4
May2.610.021.049.393.84.011.3
Jun4.88.718.254.494.24.39.5
Jul2.36.818.346.191.94.510.8
Aug1.86.819.838.591.64.513.7
Sept2.09.423.037.092.54.318.2
Oct2.412.224.841.593.04.421.3
Nov2.515.526.946.893.74.424
Dec2.517.328.247.893.34.624.8

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

06-12-2024 $720,000 103 / 65 Brunker Road
06-12-2024 $781,000 1 / 19 Teralba Road
05-12-2024 $721,000 1 / 87 Brunker Road
29-11-2024 $715,000 4 / 212 Denison Street
22-11-2024 $1,300,000 102 / 3 Market Street
22-11-2024 $685,000 101 / 67 Brunker Road
22-11-2024 $845,000 149 Broadmeadow Road
15-11-2024 $870,000 9 Heddon Road
13-11-2024 $708,000 203 / 67 Brunker Road
12-11-2024 $1,705,000 36 Gosford Road
11-11-2024 $991,000 227 Denison Street
07-11-2024 $388,000 143 Broadmeadow Road
29-10-2024 $825,000 9 / 3 Torpey Place
28-10-2024 $3,290,364 1 / 2 Koree Road
25-10-2024 $1,185,000 2 / 17 Denney Street
08-10-2024 $882,000 4 Young Road
13-09-2024 $1,500,000 44 Brunker Road
12-09-2024 $960,000 1 Newton Street
23-08-2024 $1,350,000 14 Brown Road
20-08-2024 $870,000 5 / 13 Melville Road
19-08-2024 $895,000 14 Teralba Road
18-07-2024 $682,500 37 Brunker Road
16-07-2024 $620,000 9 / 17 Graham Road
05-07-2024 $900,000 35 Melville Road
28-06-2024 $900,000 153 Lambton Road
25-06-2024 $1,500,000 42 Brunker Road
29-05-2024 $730,000 6 / 87 Brunker Road
27-03-2024 $1,290,000 131 Darling Street
07-03-2024 $1,500,000 7 Belford Street
29-02-2024 $1,450,000 120 Chatham Street
22-02-2024 $999,500 64 Gosford Road
31-01-2024 $4,350,000 53 Broadmeadow Road
25-01-2024 $665,000 4 / 16 Teralba Road
19-01-2024 $786,000 138 Everton Street
15-01-2024 $1,468,500 52 Broadmeadow Road
11-01-2024 $1,200,000 47 Teralba Road
20-12-2023 $920,000 55 Brunker Road
20-12-2023 $950,000 152 Chatham Street
15-12-2023 $615,000 10 / 128 Broadmeadow Road
13-12-2023 $1,460,000 3 Young Road
08-12-2023 $700,000 4 / 19 Teralba Road
05-12-2023 $1,300,000 3 Griffiths Road
30-11-2023 $832,000 3 / 138 Chatham Street
24-11-2023 $645,000 3 / 128 Broadmeadow Road
24-11-2023 $720,250 1 / 212 Denison Street
31-10-2023 $4,250,000 5 Lang Road
20-10-2023 $858,000 2 / 13 Melville Road
20-10-2023 $960,000 49 Gosford Road
29-09-2023 $960,000 37 Blackall Street
27-09-2023 $246,000 3 / 24 Brown Road

Public Transport


General Points of Interest


Nearby Suburbs

HamiltonHamilton NorthAdamstownHamilton SouthGeorgetownIslingtonHamilton EastNew LambtonWickhamWaratah

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