Adamstown is a suburb of Newcastle, New South Wales, Australia, located 6 kilometres from Newcastle’s central business district. It’s very popular due to it’s central location, shopping strip and schools.
Adamstown is approximately 3 square kilometres. The population of Adamstown in 2011 was 5,642 people. By 2016 the population was 6,053 showing a population growth of 7.3% in the area during that time. The predominant age group in Adamstown is 20-29 years. Households in Adamstown are primarily couples with children and are likely to be repaying $1800 – $2399 per month on mortgage repayments. In general, people in Adamstown work in a professional occupation. In 2011, 58.7% of the homes in Adamstown were owner-occupied compared with 57.7% in 2016.
Currently the median sales price of houses in the area is $1,112,500.
Based on five years of sales, Adamstown has seen a compound growth rate of 30.5% for houses and 41.7% for units.
Contact Property Solutions 101. Discuss your Newcastle commercial and residential property management and buyer’s agent needs.