Suburbs where rents are rising fastest in Newcastle

Thornton leads the 3-bedroom house list: rents agreed on new leases rose 54% since 2021, from $420 to $645 a week. East Maitland leads the 2-bedroom unit list, up 55% ($305 to $472). These 30 suburbs came from a field of 31 eligible Newcastle suburbs.

This ranking orders Newcastle suburbs by how much the median rent agreed on new leases has risen since 2021, for 3-bedroom houses and 2-bedroom units separately. The figures come from rental bond records, so they are what tenants signed up to pay, not what landlords advertised.

Advertised rents would have told a different story. Checked against bond records in October 2026, they roughly doubled the rise at the top of the Sydney list (Ermington: advertised +99%, agreed +44%), because suburbs where bigger, dearer homes now make up more of the listings looked like suburbs where rents had soared. The change compares the median of the four quarters of 2021 with the latest four, and every one of those quarters needs at least 10 new bonds.

Newcastle suburbs where 3-bedroom house rents rose most

Change in the median rent agreed on new leases of 3-bedroom houses, from 2021 to the latest four quarters.

1

Thornton

NSW 2322 · 10,690 residents

+54% since 2021 · $420 to $645 a week · postcode 2322 figures

C 100.0
2

Lambton

NSW 2299 · 5,214 residents

+49% since 2021 · $499 to $745 a week · postcode 2299 figures

B 96.7
3

Waratah

NSW 2298 · 4,927 residents

+46% since 2021 · $502 to $732 a week · postcode 2298 figures

C 91.7
4

Shortland

NSW 2307 · 4,537 residents

+46% since 2021 · $452 to $660 a week · postcode 2307 figures

C 91.7
5

Wallsend

NSW 2287 · 13,244 residents

+45% since 2021 · $484 to $700 a week · postcode 2287 figures

C 86.7
6

Cessnock

NSW 2325 · 16,300 residents

+43% since 2021 · $399 to $570 a week · postcode 2325 figures

D 76.7
7

Charlestown

NSW 2290 · 13,601 residents

+43% since 2021 · $510 to $730 a week · postcode 2290 figures

B 76.7
8

Raymond Terrace

NSW 2324 · 13,453 residents

+43% since 2021 · $420 to $600 a week · postcode 2324 figures

D 76.7
9

Cameron Park

NSW 2285 · 9,977 residents

+43% since 2021 · $498 to $710 a week · postcode 2285 figures

C 76.7
10

Speers Point

NSW 2284 · 3,400 residents

+43% since 2021 · $476 to $679 a week · postcode 2284 figures

C 76.7
11

Toronto

NSW 2283 · 5,973 residents

+42% since 2021 · $456 to $650 a week · postcode 2283 figures

C 66.7
12

East Maitland

NSW 2323 · 11,860 residents

+41% since 2021 · $440 to $620 a week · postcode 2323 figures

B 60.0
13

Belmont

NSW 2280 · 7,289 residents

+41% since 2021 · $508 to $715 a week · postcode 2280 figures

C 60.0
14

Kurri Kurri

NSW 2327 · 6,174 residents

+41% since 2021 · $410 to $580 a week · postcode 2327 figures

D 60.0
15

New Lambton

NSW 2305 · 10,651 residents

+40% since 2021 · $555 to $775 a week · postcode 2305 figures

B 50.0

Ranked from 31 qualifying suburbs.

Newcastle suburbs where 2-bedroom unit rents rose most

Change in the median rent agreed on new leases of 2-bedroom units, from 2021 to the latest four quarters.

1

East Maitland

NSW 2323 · 11,860 residents

+55% since 2021 · $305 to $472 a week · postcode 2323 figures

B 97.6
2

Waratah

NSW 2298 · 4,927 residents

+55% since 2021 · $355 to $550 a week · postcode 2298 figures

C 97.6
3

Mayfield

NSW 2304 · 9,760 residents

+50% since 2021 · $382 to $572 a week · postcode 2304 figures

B 90.5
4

Cessnock

NSW 2325 · 16,300 residents

+48% since 2021 · $320 to $475 a week · postcode 2325 figures

D 85.7
5

Adamstown

NSW 2289 · 6,335 residents

+47% since 2021 · $410 to $601 a week · postcode 2289 figures

B 81.0
6

Raymond Terrace

NSW 2324 · 13,453 residents

+46% since 2021 · $340 to $495 a week · postcode 2324 figures

D 73.8
7

Wallsend

NSW 2287 · 13,244 residents

+46% since 2021 · $392 to $575 a week · postcode 2287 figures

C 73.8
8

New Lambton

NSW 2305 · 10,651 residents

+43% since 2021 · $420 to $600 a week · postcode 2305 figures

B 66.7
9

Charlestown

NSW 2290 · 13,601 residents

+42% since 2021 · $415 to $590 a week · postcode 2290 figures

B 61.9
10

Lambton

NSW 2299 · 5,214 residents

+41% since 2021 · $392 to $555 a week · postcode 2299 figures

B 57.1
11

Merewether

NSW 2291 · 11,788 residents

+38% since 2021 · $458 to $630 a week · postcode 2291 figures

C 52.4
12

Rutherford

NSW 2320 · 13,091 residents

+37% since 2021 · $365 to $500 a week · postcode 2320 figures

D 47.6
13

Belmont

NSW 2280 · 7,289 residents

+34% since 2021 · $380 to $509 a week · postcode 2280 figures

C 42.9
14

Newcastle

NSW 2300 · 3,852 residents

+33% since 2021 · $548 to $728 a week · postcode 2300 figures

B 38.1
15

Cameron Park

NSW 2285 · 9,977 residents

+32% since 2021 · $410 to $540 a week · postcode 2285 figures

C 33.3

Ranked from 22 qualifying suburbs.

Common questions about this ranking

What are the suburbs where rents are rising fastest in Newcastle?

Thornton leads the 3-bedroom house list: rents agreed on new leases rose 54% since 2021, from $420 to $645 a week. East Maitland leads the 2-bedroom unit list, up 55% ($305 to $472). These 30 suburbs came from a field of 31 eligible Newcastle suburbs.

Are these advertised rents or rents people actually pay?

Rents people agreed to pay: every new lease lodges a bond with the state, and the bond record carries the weekly rent. Advertised rents were checked and not used. In October 2026 they roughly doubled the rise at the top of the Sydney list (Ermington: advertised +99%, agreed +44%), because suburbs where dearer homes now make up more of the listings looked like suburbs where rents had soared.

How is the rise measured?

The median rent of the four quarters of 2021 against the median of the latest four, for 3-bedroom houses and 2-bedroom units separately. Every one of those quarters needs at least 10 new bonds, so one thin quarter cannot put a suburb at the top.

Why does each Newcastle postcode appear only once?

New South Wales publishes bond figures by postcode, not by suburb. Every suburb in a postcode would show the same numbers, so each postcode is listed once, under its most populous suburb.

Why is there no list for Melbourne, Perth, Canberra or Darwin?

Victoria publishes bond rents only for groups of suburbs, and the ACT and the Northern Territory publish none we can use. Western Australia's figures start in 2023, so they cannot be compared with 2021.

Same list in other cities

Related

Rankings last computed 24 October 2026. Recomputed after each ACARA schools data refresh.

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