Real Estate Agents in Newcastle

Merwether Baths at Sunrise, Newcastle, Australia

According to statistics released by the Australian Bureau of Statistics and published by the Real Estate Institute of Australia, roughly 12,729 estate agents do business in the state of New South Wales, working for more than 20,000 real estate establishments.

In cities where a score of real estate agents are available to help you sell your property, choosing the right estate agent for you becomes difficult. Fill out the form above to receive a comprehensive and comparative list of real estate agents in your area.

Modern real estate in Newcastle

The 2016 census found that Newcastle is made up of just over 138,000 private dwellings. The majority of these (78.1%) are separate houses, with 12.6% and 8.4% of these being semi-detached houses and flats or apartments respectively.

In the past decade, the city has started reinventing itself, and Newcastle’s industrial history is slowly making way for a wave of new developments, including many in real estate. A demand for residential real estate has seen a boom in new residential developments and the renovation in under-capitalised old buildings.

This, and the growth drivers that result from the gentrification of the city, makes Newcastle a good pick for real estate investment, and many Sydney-based investors are turning their attention to Australia’s seventh-largest city.

Commission structures in Newcastle can be divided into fixed or tiered commission, according to the terms that are negotiated with the agent. The agent commission rate in Newcastle is 2.33% on average, but commission rates may vary.

A smart city to watch

Newcastle is the second most populous city in the state of New South Wales, and the principal city in Australia’s Hunter Valley. Famous for its coal, Newcastle is letting go of its industrial past to focus more on commercial and residential infrastructure.

In 2017, Newcastle was named one of the world’s top “Smart Cities” to watch by National Geographic Traveler magazine. The city has become known as a Smart City due to innovative measures like smart parking and lighting that detects when streets are busiest to improve energy efficiency and city amenity. Newcastle’s business district is one of very few areas in Australia that offers free WiFi to residents.

Following the lead of groups like Renew Newcastle and Newcastle Now, Novocastrians have resolved to developing dilapidated and run-down buildings into pop-up spaces for artists like painters, furniture designers and writers to practice and exhibit their craft.

The Hunter Street Mall is a prime example of this. A Street Art Walking Tour offers visitors the opportunity to experience a rich collection of street art and murals located in the city.

All in all, Newcastle provides a variety of attractions, ranging from unique eateries that sources their produce locally, majestic beaches, historical sites, natural and cultural attractions to each of its more than 300,000 residents and the many tourists that visit annually.

Facts about Newcastle

“It’s the colours, the light, the space. It’s really very deep in my soul… In the Australian bush and inland deserts, there is a sense of being the first person in a place.”
– Suzanne Cory

  1. Newcastle consists of 38 suburbs, and spans across an area of 261.8 square kilometres.
  2. Newcastle was a penal settlement from its establishment in the early 1800s until 1822.
  3. When it was established, the settlement was known as Coal River, due to the abundance of coal that gave rise to the establishment of a settlement in the area. – The name was later changed to Newcastle – a nod to its namesake in England, which was also famous as a coal port.
  4. Today, Newcastle is the largest coal exporting harbour in the world. Just over 161 million tons of coal was exported from Newcastle in 2016.

Architecture in Newcastle

Its history as a penal settlement makes for interesting architecture in Newcastle, and in this regard, the Maitland Gaol is a piece of history that is popular among tourists. It is a premier heritage listed site, dates from the mid-1800s, and shut its doors in 1998.

The Christ Church Cathedral is an imposing structure and architectural landmark of the city. Completed in 1902, the church was built in the Gothic Revival Style and was designed by architect John Horbury Hunt.

Taking the self-guided Newcastle Architecture Walk is worth doing if you’d like to see all the different styles the city has to offer. Kicking off at Newcastle City Hall, the walk includes stops at the Newcastle Art Gallery, the Champagne Cork and many other architectural highlights.

Finding the right real estate agent in Newcastle

A competitive real estate market like Newcastle’s requires an agent that understands the real estate climate. Complete the form above to find and compare real estate agents in Newcastle, and sell or rent you property in a jiffy.