Castlereagh vs Newport
Property investment comparison - Castlereagh, NSW 2749 vs Newport, NSW 2106
Head-to-head across core investment metrics: Castlereagh wins 2, Newport wins 3. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Castlereagh | Newport |
|---|---|---|
| Median house price | $3.1M | $3.1M |
| Median unit price | $715K | $1.4M |
| Gross rental yield (houses) | 1.60% | 2.37% |
| Gross rental yield (units) | 4.17% | 3.19% |
| 1-year house growth | - | +0.7%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 2.5% | 1.5% |
| Population | 1,248 | 9,659 |
Castlereagh vs Newport: what the numbers say
The median house price is $3.1M in Castlereagh and $3.1M in Newport, so Newport is the cheaper entry point, with Castlereagh houses about 1% dearer.
For units, Castlereagh sits at a median of $715K against $1.4M in Newport, which makes Castlereagh the more affordable unit market and Newport the pricier one.
On cash flow, Newport leads: houses there return a gross rental yield of 2.37%, compared with 1.60% in Castlereagh, a gap of 0.77 percentage points.
Rental vacancy is 1.5% in Newport and 2.5% in Castlereagh, so landlords in Newport face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Newport is the bigger suburb, with a population of 9,659 against 1,248, roughly 8 times the size of Castlereagh; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Newport for rental income, Newport for a lower purchase price, Newport for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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