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Top Picks: 6 Cheap Houses for Rent in Newcastle

March 19, 2024
Cheap houses for Rent in Newcastle

Key takeaways:

  • Explore a diverse range of affordable rental properties in Newcastle, NSW 2300, perfect for various lifestyles and needs.
  • From cozy Victorian terraces in Islington to modern, fully furnished townhouses in Cooks Hill and Merewether, find your ideal home with ease.
  • Enjoy modern amenities, convenient locations, and the coastal lifestyle Newcastle offers, with properties catering to comfort and convenience.

Looking for cheap houses for rent in Newcastle, NSW 2300? The town is a vibrant coastal city located approximately 160 kilometres north of Sydney. It offers a unique blend of city life, stunning beaches, and a rich history, making it an attractive option for renters seeking a dynamic and well-connected community.

The median rent price in Newcastle sits around $500 per week for units and $700 per week for houses, according to rental data.

Finding the perfect rental property in Newcastle is effortless with Soho.com.au and our AI-integrated platform. Set up your match profile and search available properties for rent that match exactly what you need.

About Newcastle, NSW

Newcastle boasts a range of rental properties, including apartments, townhouses, and houses, catering to various needs and budgets.

Key Attractions:

  • Beaches: Newcastle is renowned for its beautiful beaches, including Merewether Beach, a haven for surfers and sunbathers alike.
  • Hunter Valley Wineries: Explore the world-famous Hunter Valley wine region, just a short drive away.
  • Cultural Delights: Immerse yourself in Newcastle’s rich history and vibrant arts scene by visiting museums, art galleries, and theatres.

Getting Around:

Newcastle is well-connected with a comprehensive public transport system, including buses, trains, ferries, and a light rail network.

  • Buses service the city from all across Newcastle, Lake Macquarie, Central Coast and the Lower Hunter.
  • The Hunter line and the Newcastle and Central Coast Line connect Newcastle Interchange to the suburbs.

Investment Potential:

Newcastle’s property market has experienced steady growth in recent years, making it an attractive option for investors seeking potential returns.

Compared to Sydney, Newcastle offers relatively lower property prices, making it attractive to first-time investors and those looking to expand their portfolios.

Diversification in areas like healthcare, education, and renewable energy contributes to economic stability.

Cheapest Suburbs in Newcastle

Some of the cheapest suburbs in Newcastle, Australia include:

  • Beresfield
  • Jesmond
  • Wallsend
  • Shortland

Cheap Houses for Rent in Newcastle

$460 per week – 39 Cobby Street, Shortland

  • Suburb median rent for houses: $550/week
  • 2 bedrooms
  • 2 bathrooms

This property at in Shortland features 2 large bedrooms, including a main bedroom with a modern ensuite, a second renovated bathroom, a spacious living area with air conditioning, a modern kitchen, polished timber floors, and is conveniently located close to the Uni, public transport, and shops.

If you’re looking for cheap houses for rent in Newcastle, add Shortland to your interested areas when you set up your Soho match profile.

Check out more houses for rent in Shortland NSW.

$460 per week – 39 Cobby Street, Shortland, NSW

  • Suburb median rent for houses: $550/week
  • 2 bedrooms
  • 2 bathrooms

This modern and functional property in Shortland, opposite a park, features 2 large bedrooms, a main bedroom with a modern ensuite, a second renovated bathroom, large living area with air con, a modern spacious kitchen, and polished timber floors. Close to the Uni, public transport, and shops.

Check out more houses for rent in Shortland NSW.

$490 per week – 32A Lee Crescent, Birmingham Gardens

  • Suburb median rent for houses: $495/week
  • 2 bedrooms
  • 2 bathrooms

This modern home in Birmingham Gardens, NSW, offers privacy and comfort with an air-conditioned, open-plan layout. It features two bedrooms with robes, a sleek bathroom with internal laundry, and is close to parks, schools, and shops. No pets allowed, with a 12-month lease preferred at $490 per week.

Check out more houses for rent in Birmingham Gardens NSW.

$496 per week – 1/24 James Street, Hamilton

  • Suburb median rent for houses: $650/week
  • 1 bedroom
  • 1 bathroom

This one-bedroom home at 1/24 James Street, Hamilton, NSW, offers spacious living and dining areas, a modern bathroom, and laundry space. It features low maintenance living, a private backyard with a clothesline, and is just 200 meters from Beaumont Street’s dining and shops. Small pets may be considered.

Check out more properties for rent in Hamilton NSW.

$550 per week – 1/3 Close Street, Wallsend, NSW

  • Suburb median rent for houses: $650/week
  • 3 bedrooms
  • 1 bathroom

This property at 1/3 Close Street, Wallsend offers a spacious duplex with 3 bedrooms, built-in wardrobes, a large eat-in kitchen, and a comfortable living room. It includes air conditioning, a family-friendly bathroom with laundry, and a generous front area. Conveniently located near schools, shops, and transport.

Check out more properties for rent in Wallsend NSW.

$530 per week – 19 Durham Road, Lambton, NSW

  • Suburb median rent for houses: $650/week
  • 2 bedrooms
  • 1 bathroom

This charming 2-bedroom home in Lambton offers a cozy atmosphere with polished floorboards and reverse cycle air conditioning for year-round comfort. It features a second toilet, a kitchen overlooking a patio and fenced backyard, perfect for outdoor activities. Ideal for those seeking a comfortable place to call home.

Check out more properties for rent in Lambton NSW.

Conclusion:

Wrapping up your search for the perfect rental in Newcastle, NSW 2300, has been made effortless with our comprehensive guide. Our selections are tailored to showcase the finest properties available, blending comfort, convenience, and the best of local living.

From stylish apartments to family-sized homes, each property is a potential doorway to your new life in one of NSW’s most desirable locations.

As you peruse our latest listings, remember that the right rental is not just about a place to live—it’s about finding a space where your life can flourish.

Take the next step towards calling Newcastle home and discover a place where every day feels like a new adventure.

FAQ Section on ‘Cheap houses for Rent in Newcastle’

What city in Australia has the cheapest rent?

  • Answer: The most affordable cities for rent in Australia in 2023 include Melbourne (Inner, West, Inner South, North East, Inner East, North West), Australian Capital Territory, Queensland (Outback), according to Renovation Capital.

What is the average price of a house in Newcastle NSW?

  • Answer: In Newcastle, NSW, the median sale price is $2,335,000 for houses and $890,000 for units. The median growth for units over the past 12 months is -2.47%, with units selling on average in 40 days, based on data from Your Investment Property Magazine.

What is the safest suburb in Newcastle?

  • Answer: Family-friendly suburbs in Newcastle known for safety include New Lambton, Kotara, Adamstown Heights, Warners Bay, Eleebana, Valentine, Carrington, and Merewether, as listed by Vision Homes.

Is Newcastle a good place to live in Australia?

  • Answer: Newcastle is praised for its stunning beaches, affordable cost of living, and thriving education sector, making it a favored city to live in NSW. The city offers a variety of suburbs to cater to different preferences, as noted by Allied.

Soho
Soho is your expert team in Australian real estate, offering an innovative platform for effortless property searches. With deep insights into buying, renting, and market trends, we guide you to make informed decisions, whether it's your first home or exploring new suburbs.
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