All About Hexham, Newcastle, NSW, 2322

Hexham, a suburb of Newcastle in New South Wales, offers a unique housing market with a blend of historical charm and modern convenience. The area is known for its relatively affordable housing options compared to the central Newcastle region, making it an attractive choice for first-time homebuyers and families. The housing market in Hexham features a mix of older, character-filled homes and more contemporary builds, providing options for various tastes and budgets. With recent developments and improvements in infrastructure, the suburb is gaining popularity, which could lead to a gradual increase in property values. Despite being a quieter area, its proximity to major roads and transport links ensures easy access to Newcastle's city center and nearby amenities.

Living in Hexham offers residents a peaceful lifestyle with a touch of rural charm, yet it remains well connected to the buzzing city life of Newcastle. The suburb is surrounded by nature, with the Hunter River and nearby wetlands providing beautiful landscapes for leisurely walks and outdoor activities. The community in Hexham is tight-knit, fostering a friendly and welcoming atmosphere that suits families and retirees alike. Additionally, the suburb's convenient location offers easy access to schools, local shops, and dining options, while larger shopping centers and entertainment venues are just a short drive away. Overall, Hexham provides a serene residential environment with the added benefit of being close to the vibrant urban amenities of Newcastle.

Hexham Real Estate Market Outlook

Thinking about buying in Hexham? Now could not be a better time, with just 247 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,773,000 with prices in this suburb ranging from $28,000 to $43,687,000. Hexham is located fairly close to the coast at just 6Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

In Hexham there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Hexham is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Hexham leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Hexham the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Instant Property Valuation

---

---

---

---

---

Public Transport

---

General Points of Interest

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!