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What can I buy – homes under $600,000 in Newcastle

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Property prices in Newcastle and the surrounding area remain high, thanks to the excellent location, lifestyle and solid employment prospects.

While it is a great place to live, the dreams of home ownership are out of reach for many with average prices in Newcastle well above the regional average.

According to data from June 2024 compiled by Housing.id, the average cost of an entry level home in regional NSW is $525,000 compared with $750,000 in the Newcastle electorate.

Whether you are looking to get a foot on the property ladder as first homebuyers, downsizing due to relationship breakdown or looking for an investment property, there are still deals to be done.

We have pulled together seven of the best properties for sale in Newcastle area for less than $600,000 and it’s a mix of houses and apartments across the city.

1.New Lambton Apartment

Price Guide: $420,000 – $450,000

2/2 Noela Avenue, New Lambton

1 bed, 1 bath, 1 car space

Listed by Philip Swan of Crawford Real Estate

Photo: Domain / Crawford Real Estate

2.Newcastle West Apartment

Price Guide: $599,000

406/470 King Street, Newcastle West

1 bed, 1 bath, 1 car space

Listed by Andrew Walker of Street Property.

Image: Domain / Street Property

3.Edgeworth Villa

Price Guide: $550,000

1/34a Neilson Street, Edgeworth

2 bed, 1 bath, 1 car space

Listed by Dana Cameron of McFarlane Real Estate.

Image: Domain / McFarlane Real Estate

4.Elermore Vale Townhouse

Price Guide: $590,000+

11/30 Croudace Road, Elermore Vale

2 bed, 1 bath, 1 car space

Listed by Jarrod Dickens of Wilton Lemke Stewart.

Image: Domain/Wilton Lemke Stewart

5.Wickham Apartment

Price Guide: $580,000 – $620,000

503/15 Wickham Street, Wickham

1 bed, 1 bath, 1 car space

Listed by Nick Townsend of Belle Property.

Image: Domain/ Belle Property

6. Cameron Park Land Release

Price Guide: $495,000 +

Cameron Grove Estate, 28 Breakwell Road, Cameron Park

New development – land release

Listed by Cameron Grove Estate.

Image: Domain / Cameron Grove Estate

7. Waratah Apartment

Price Guide: $520,000- $550,000

14/97 Station Street, Waratah

2 bed, 1 bath, 1 car space

Listed by Nick Stewart of Wilton Lemke Stewart

Image: Domain / Wilton Lemke Stewart

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