Islington Suburb Profile
2023 Suburb Profile: Islington NSW 2296
Islington is a charming inner-city suburb of Newcastle, NSW, located just 2km from the CBD on one of the main arterial roads leading into the city centre. Islington is known for its eclectic mix of heritage buildings, trendy cafes and restaurants, and lively nightlife. Islington is a popular suburb for young professionals, couples, and families, and is home to a diverse community.
Islington Property Market Guide
Property Types:
Islington has a large array of property types from small quaint workers cottages and heritage family homes, to terrace houses, apartments and units, as well as large converted warehouses and new developments. The predominant property type is freestanding houses, with the majority being only 3 bedrooms. Its rare to find a spacious 4 bedroom house with a sizeable backyard in Islington given its inner-city location.
Median Property Value:
As of 2023, the median residential property value in Islington is approximately $807,500 (including houses and units). Although a drop in property value in the past 12 months, Islington has still shown steady growth in recent years with an overall increase in value by 20% in the past 5 years. Making it an attractive investment opportunity.
Rental Prices:
The median rental price for houses in Islington is around $600 per week, while apartments and units have a median rent of approximately $580 per week.
Future Growth Prospects:
Islington is expected to experience continued growth due to its proximity to the CBD and increasing demand for housing in the Newcastle area. The suburb's revitalization efforts and vibrant community make it an attractive destination for those seeking an urban lifestyle.
Schools
Islington offers access to several educational institutions, including primary and secondary schools, some options include:
Distance to CBD and Closest Beach
CBD: Islington is conveniently located just 3 kilometres west of Newcastle’s CBD. Residents can easily access employment opportunities, shopping, and entertainment options within a short commute.
Closest Beach: The picturesque Newcastle Beach is a mere 5 kilometres away, providing residents with easy access to sun, sand, and surf.
Local Cafes, Bars, and Restaurants
Islington boasts a diverse and vibrant culinary scene with numerous cafes, bars, and restaurants. Some popular options include:
Public Spaces
Islington provides various public spaces for outdoor activities and relaxation. Some of the popular public spaces in the suburb include:
Islington is a vibrant and desirable suburb with a lot to offer its residents. Islington provides a great sense of community, a desirable place to live, work, and raise a family.
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 local market.
