Jesmond — Units

NEUTRAL
NSW 2299 Unit Rank #16 of 35 in Newcastle
$665K
Median Unit Price · recent comparable sales
DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
NEUTRAL
DEMAND
69 buyers/listing
Strong
LIQUIDITY
28d DOM
Neutral
AFFORDABILITY
30.0% vs 5yr
Weak
GROWTH OUTLOOK
Weak
Weak
YIELD
4.8%
Strong
SUPPLY PRESSURE
3.5% vacancy
Weak
#16/35 Weak Structure 8 Monitor $665K

Atlaso rates Jesmond units as HOLD. Average growth outlook. Rental yield of 4.8% is above the national average, but conviction is not high enough for a BUY rating. Better units options may be available in Newcastle.

At $665K, Jesmond ranks #16 of 35 units in Newcastle. The long-term structural outlook is Weak. Buyer demand is strong with 69 buyers per listing.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned units identified in Newcastle.

Jesmond Price History

All units · monthly median sale price

Market Intelligence

What's Happening Now

Shifting to Buyers Early signs of easing. Monitor for entry.
+14.6%
Asking Prices (3mo)
+0.8%
Rents (12mo)
3.2%
Vacancy
58%
Fresh Stock (<30d)

Unit Asking Prices (12 months)

$624K

Unit Weekly Rents (12 months)

$449/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 2299.

Momentum Health

Monitor

48% stall probability

Jesmond is growing at 20.7% annually but early warning signals are appearing. Watch for vacancy loosening or yield compression over the next quarter.

STALL RISK 48%

Suburb Profile

Jesmond at a Glance

SEIFA Index
5/10
Average
Household Income
$1,486/wk
Median household
Median Age
34
Years
Mortgage Stress
30%
of income
Population Growth
+0.8%
vs state +1.4%
Ownership Mix
19.5% owned 28.1% mortgage 48.7% renting

Demographic Trends

Jesmond Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Jesmond Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Jesmond a good suburb to invest in?
Atlaso rates Jesmond as HOLD confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Jesmond and 46 Australian cities to generate this rating.
What is the median house price in Jesmond?
The current median house price in Jesmond, nsw is $665K, with annual growth of +5.3%. Properties sell in approximately 28 days.
How fast do properties sell in Jesmond?
Properties in Jesmond sell in 28 days on average. The market is currently rated Weak. This is in line with the broader market.
What is the growth outlook for Jesmond?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Jesmond's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Jesmond?
The gross rental yield for houses in Jesmond is 4.8%. This is above the national average, making it attractive for yield-focused investors.

Want to compare suburbs?

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).