Bar Beach Suburb Profile
2023 Suburb Profile: Bar Beach, NSW 2300
Bar Beach is a picturesque coastal suburb located in Newcastle, New South Wales, Australia. Known for its stunning coastline, vibrant community, and close proximity to the central business district (CBD), Bar Beach offers a relaxed and desirable lifestyle. Here's a comprehensive profile of Bar Beach, covering key aspects such as real estate, education, amenities, and public spaces:
Bar Beach Property Market Guide
Bar Beach is an affluent suburb with a diverse range of residential properties.
Property Types: The real estate market in Bar Beach primarily consists of spacious family homes, modern apartments, and luxurious beachfront properties.
Median House Price: As of the latest data, the median house price in Bar Beach was approximately $1,500,000, while the median unit price was around $650,000. However, please note that these figures may have changed, so it's advisable to consult a local real estate agent or browse property websites for up-to-date information.
Rental Market: Bar Beach is a desirable location to rent given its proximity to the city & coastline. Rental prices can range from around $400 to $1,000 per week, depending on the property's specifications (apartment vs. house)
Demand & Growth: Bar Beach is a very small suburb compared to its surrounds. With the coastline to its east and Darcy St retail precinct to its west, Bar Beach is highly desirable. Demand for the suburb remains consistent over long periods of time and therefore Bar Beach has very strong historical growth rates which seem likely to continue well into the future.
Schools
Bar Beach offers access to various educational institutions, including both public and private schools. Here are some notable schools in the suburb and its vicinity:
Distance to CBD and Closest Beach
Bar Beach is situated approximately 3 kilometres south of the Newcastle CBD. It's a relatively short drive or bus ride away, making it convenient for residents who work or study in the city. Additionally, as the name suggests, Bar Beach itself is the closest beach to the suburb, offering stunning views, golden sands, and excellent surfing conditions.
Local Cafes, Bars, and Restaurants
Bar Beach and its surrounding areas are known for their vibrant food and beverage scene. Whether you're looking for a cozy café, a trendy bar, or a fine dining experience, you'll find several options nearby. Here are a few popular establishments worth exploring:
Public Spaces
Bar Beach boasts several public spaces that offer recreational opportunities and a chance to appreciate the natural beauty of the area. Some notable public spaces in and around the suburb include:
Empire Park: A large green space with picnic areas, playgrounds, and sports facilities.
Bar Beach Reserve: A coastal reserve featuring a stunning beach, walking trails, and picnic spots.
Strzelecki Lookout: A vantage point offering panoramic views of Newcastle and its coastline.
King Edward Park: Located nearby, this park features beautiful gardens, walking paths, and the historic Bogey Hole, a popular tidal swimming pool.
Bar Beach is a highly sought-after suburb that offers a blend of coastal living, convenience, and a thriving community. With its stunning beaches, excellent amenities, and proximity to the CBD, it's no wonder that Bar Beach is a popular choice for both residents and visitors alike. If you’re looking to buy property in Bar Beach or anywhere in Newcastle, chat to us about getting a local buyers agent on your side.
It's important to note that real estate market conditions can change over time, so it's advisable to consult with local real estate professionals or do further research for the most up-to-date information. You can contact us here if you have any questions specific to the Bar Beach market.
