Islington is a suburb of the city of Newcastle, 3.4 kilometres from the Newcastle CBD. It is considered very desirable due to its proximity to the city, beaches and it’s eclectic array of shops and cafes.
Islington is approximately 0.7 square kilometres. It has 3 parks covering nearly 10.5% of total area. The population of Islington in 2011 was 1,806 people. By 2016 the population was 1,887 showing a population growth of 4.5% in the area during that time. The predominant age group in Islington is 20-29 years. Households in Islington are primarily childless couples and are likely to be repaying $1800 – $2399 per month on mortgage repayments. In general, people in Islington work in a professional occupation. In 2011, 51.4% of the homes in Islington were owner-occupied compared with 49.4% in 2016.
Currently the median sales price of houses in the area is $990,000.
Based on five years of sales, Islington has seen a compound growth rate of 35.4% for houses and 10.9% for units.
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