Real Estate Redhead NSW 2290

Real Estate Market: Is Redhead NSW 2290 a Good Suburb to Buy Into?

Housing Market in Redhead

Key Redhead Metrics & Forecast to 2028

Sources: Property Listings, TORREN and Microburbs, 2002 - 2023

Field	Value	VS Newcastle and Lake Macquarie	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$834	Top 10%	214% to Feb 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Redhead

Redhead Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS, BASIX and Microburbs, 2002 - 2031

Redhead

31.0%

Newcastle and Lake Macquarie

39.0%

Compare
Suburbs

Field	Value	VS Newcastle and Lake Macquarie	Trend
Development applications	0	Bottom 38%	to 0 to Jun 2025
Developments	5.9	Top 26%	Data for Jul 2023
Housing Stock Quality Indicator	83.0	Top 4%	Data for May 2023
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
New Dwellings	20	Top 26%	71% to Dec 2020
Number of Subdivisions	4 lots	Bottom 49%	20% to Apr 2023
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Proportion of subdividable properties	Premium	Premium	Premium
Stock on Market	8	Top 10%	to Mar 2025

Housing Stock Quality in Redhead

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings, BASIX and Microburbs, 2006 - 2023

Field	Value	VS Newcastle and Lake Macquarie	Trend
Houses	93.3%	Bottom 25%	8% to Jan 2021
Average bedrooms - all homes	2.4	Bottom 42%	4% to Jan 2021
NBN connection: fibreoptic cable to node	54.5%	Top 7%	Data for Jun 2023
Median land to asset ratio	Premium	Premium	Premium

Development Restrictions in Redhead

Redhead Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Redhead

33.0%

Newcastle and Lake Macquarie

37.4%

Compare
Suburbs

Field	Value	VS Newcastle and Lake Macquarie	Trend
Total area	2.2 sq km	Bottom 23%	Data for Jan 2021
Environmental conservation area proportion	33.5%	Top 3%	Data for Jun 2023
Heritage sites	8	Top 18%	Data for Jun 2023
Residential density	405 sqm per resident	Bottom 21%	Data for Jan 2021

Risk in Redhead

Redhead Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Redhead

55.1%

Newcastle and Lake Macquarie

62.9%

Compare
Suburbs

Field	Value	VS Newcastle and Lake Macquarie	Trend
% Owner Occupied	91.2%	Bottom 46%	1% to May 2023
% Rentals	8.8%	Top 46%	14% to May 2023
Housing Affordability Index	72	Top 3%	Data for Jun 2023
Median monthly mortgage	$2,370	Top 27%	19% to May 2023
Rent Affordability Index (Houses)	69	Bottom 11%	Data for Jun 2023
Rent Affordability Index (Units)	73	Bottom 30%	Data for Jun 2023
Mortgage as a percent of income	33.1%	Top 10%	9% to Jan 2021
Mortgaged Dwellings	30.5%	Bottom 27%	8% to May 2023

Housing Demand in Redhead

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 1975 - 2030

Redhead

78.0%

Newcastle and Lake Macquarie

79.6%

Compare
Suburbs

Field	Value	VS Newcastle and Lake Macquarie	Trend
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	3920	Bottom 12%	16% to Dec 2041
Historical Population (SA3)	128000	Top 15%	9% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	221000	Top 6%	18% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium
Vacancy rate	Premium	Premium	Premium

Unit Market in Redhead

Redhead Unit Investor Report

Sample Graphic

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Newcastle and Lake Macquarie	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$533	Top 28%	204% to Feb 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	49.9%	Bottom 9%	44% to Feb 2025

Realtors (1)

Headline	Place	Datetime
David Cantwell \| Belle Property Real Estate Agent

Accommodation Options (1)

Headline	Place	Datetime
Redhead Beach Cottage	3 Steel St

Businesses (100)

Name	Address
Saunders Civilbuild	74 Kalaroo Rd, Redhead NSW 2290, Australia
Alexander's Aluminium	50 Kalaroo Rd, Redhead NSW 2290, Australia
Edge Balustrades	30 Kalaroo Rd, Redhead NSW 2290, Australia
Iacconi Excavations and Demolition	19 Saltspray Cl, Redhead NSW 2290, Australia
Hardy's Precision Excavation's	Redhead NSW 2280, Australia

Planning Applications: Other (36)

Headline	Place	Date
Dwelling House, Garage, Swimming Pool and Associated Safety Barrier - Lake Macquarie City Council CC/311/2024	31 Beach Road, Redhead NSW 2290	29 Jan 2024
Demolition of existing dwelling, associated structures and swimming pool. Construction of a three storey dwelling house, fencing and associated works. Construction of a swimming pool and basement garage. New driveway crossover and connection to existing laneway - Lake Macquarie City Council DA/2196/2023	15 High Street, Redhead NSW 2290	22 Dec 2023
Alterations and Additions to Dwelling and Relocation of the Existing Garage - Lake Macquarie City Council DA/457/2021/A	137 Cowlishaw Street, Redhead NSW 2290	19 Dec 2023
Demolition, Garage, Swimming Pool And Associated Safety Barriers - Lake Macquarie City Council DA/1746/2023/A	10 Alison Street, Redhead NSW 2290	07 Dec 2023
Alterations and Additions to Dwelling House, Detached Garage, Swimming Pool with Associated Safety Barriers - Lake Macquarie City Council CC/1628/2023	36 Woods Street, Redhead NSW 2290	29 Nov 2023

Planning Applications: Dwellings (57)

Headline	Place	Date
Dwelling House, Garage, Swimming Pool and Associated Safety Barrier - Lake Macquarie City Council CC/311/2024	31 Beach Road, Redhead NSW 2290	29 Jan 2024
Demolition of existing dwelling, associated structures and swimming pool. Construction of a three storey dwelling house, fencing and associated works. Construction of a swimming pool and basement garage. New driveway crossover and connection to existing laneway - Lake Macquarie City Council DA/2196/2023	15 High Street, Redhead NSW 2290	22 Dec 2023
Alterations and Additions to Dwelling and Relocation of the Existing Garage - Lake Macquarie City Council DA/457/2021/A	137 Cowlishaw Street, Redhead NSW 2290	19 Dec 2023
Modify existing approved alterations and additions to residence - Lake Macquarie City Council DA/2116/2018/C	1 Burns Street, Redhead NSW 2290	07 Dec 2023
Demolition, Garage, Swimming Pool And Associated Safety Barriers - Lake Macquarie City Council DA/1746/2023/A	10 Alison Street, Redhead NSW 2290	07 Dec 2023

Planning Applications: Industrial (7)

Headline	Place	Date
Demolition of existing buildings and construction of 12 light industrial strats units - Lake Macquarie City Council DA/2515/2022/B	32 Kalaroo Road, Redhead NSW 2290	20 Oct 2023
Demolition, Light Industrial (12 units) and Strata Subdivision - Lake Macquarie City Council DA/2515/2022/A	32 Kalaroo Road, Redhead NSW 2290	19 Aug 2023
Partial demolition of existing portal frame shed and construction of 12 new light industrial units in proposed buildings 1 and 2, associated infrastructure works and one into 12 lot strata subdivision. - Lake Macquarie City Council DA/1348/2023	32 Kalaroo Road, Redhead NSW 2290	09 Aug 2023
Alterations and additions to the existing development in the form of an additional industrial building for storage of existing plant and equipment, the replacement of existing associated office space, and the inclusion of a vehicle repair station by a third party. - Lake Macquarie City Council DA/740/2023	20 Kalaroo Road, Redhead NSW 2290	11 May 2023
11 Lot Strata Subdivision of a Light Industrial Unit Development - Stage 2 & 3 - Lake Macquarie City Council STC/41/2022	54 Kalaroo Road, Redhead NSW 2290	17 Nov 2022

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
85 Coastal Circuit	$935,000	3.0	2.0	2.0	21 Feb 2025	On Market
50 Hutchinson St	$1,530,000	2.0	1.0	2.0	12 Feb 2025	On Market
28 Alison St	$2,000,000	3.0	1.0	2.0	24 Jan 2025	On Market
49 Cowlishaw St	$3,450,000	4.0	2.0	3.0	20 Dec 2024	On Market
Unit 6, 31 Kalaroo Rd	$280,000	1.0	1.0	1.0	19 Dec 2024	On Market

LGA Details (1)

Headline	Place	Datetime
Local government area	Lake Macquarie

Median House Rental Prices by Street (12)

Street	Date	Median rent (per week)
Geraldton Dr	06 Mar 2025	$950
Dodds St	06 Mar 2025	$700
Elsdon St	06 Mar 2025	$675
Hutchinson St	06 Mar 2025	$742
Kerle St	06 Mar 2025	$685

Percent of Renters by Street (40)

Percent of Renters	Street
41.0%	Bennett St
36.3%	Alison St
16.0%	Allard St
13.3%	Bentley St
17.7%	Beresford Cl

Turnover Rate by Street (40)

Turnover rate	Street	Turnover Label	Turnover Years	Year
69.5%	Burns St	average turnover	Every 14.4 years (average turnover)	2025
67.9%	Hutchinson St	average turnover	Every 14.7 years (average turnover)	2025
69.4%	Dodds St	average turnover	Every 14.4 years (average turnover)	2025
54.8%	Beach Rd	quite tightly held	Every 18.2 years (quite tightly held)	2025
72.7%	Cowlishaw St	average turnover	Every 13.8 years (average turnover)	2025

Median House Sale Prices by Street (100)

Street	Date	Median sale value
Alison St	30 Jun 2024	1905500.0
Alison St	31 May 2024	1888000.0
Allard St	31 May 2024	1881000.0
Beach Rd	31 May 2024	1717000.0
Bennett St	31 May 2024	1676000.0

Median Unit Sale Prices by Street (82)

Date	Median sale value	Street
10 May 2024	$375,000	Kalaroo Rd
10 May 2024	$475,000	Redhead Rd
31 May 2024	1093000.0	Woods St
30 Jun 2024	438100.0	Cowlishaw St
31 May 2024	1094000.0	Cowlishaw St

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
38 Cowlishaw St	$775	3	1	3	17 Feb 2025
25 Brown St	$600	3	1	0	22 Jan 2025
25 Brown St	$600	3	1	0	22 Jan 2025
50 Woods St	$700	4	1	2	06 Jan 2025
50 Woods St	$700	4	1	2	06 Jan 2025

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 3, 103 Cowlishaw St	$490	2.0	1.0	1.0	07 Jan 2025
Unit 3, 103 Cowlishaw St	$490	2.0	1.0	1.0	07 Jan 2025
Unit 3, 103 Cowlishaw St	$490	2.0	1.0	1.0	07 Jan 2025
Unit 3, 103 Cowlishaw St	$490	2.0	1.0	1.0	07 Jan 2025
Unit 3, 103 Cowlishaw St	$490	2.0	1.0	1.0	07 Jan 2025

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
Unit 127, 1a Kalaroo Rd	Price Withheld	2.0	1.0	1.0	09 Dec 2024	On Market
Unit 127, 1a Kalaroo Rd	Price Withheld	2.0	1.0	1.0	09 Dec 2024	On Market
Unit 127, 1a Kalaroo Rd	Price Withheld	2.0	1.0	1.0	09 Dec 2024	On Market
Unit 127, 1a Kalaroo Rd	Price Withheld	2.0	1.0	1.0	09 Dec 2024	On Market
Unit 127, 1a Kalaroo Rd	Price Withheld	2.0	1.0	1.0	09 Dec 2024	On Market

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