The Hill Suburb Profile
2023 Suburb Profile: The Hill, NSW 2300
The Hill is a historic and vibrant suburb located in Newcastle, New South Wales, Australia. Nestled close to the central business district (CBD), this elevated suburb offers a blend of residential charm, stunning views, and proximity to various amenities. Here's a comprehensive profile of The Hill, covering key aspects such as real estate, education, amenities, and public spaces.
The Hill Property Market Guide
When investigating the property market in The Hill, its easy to see why there is a large attraction.
Property Types: The Hill features a mix of architectural styles, including heritage-listed homes, modern apartments, and townhouses.
Median House Price: The median house price in The Hill is approximately $1,300,000, while the median unit price is around $750,000. 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: The rental market in The Hill is similar to other beachside suburbs with lifestyle factors being a big drawcard for renters. Rents for apartments can range from $400-$700 per week while houses can rent for as much as $1,500 per week.
Demand & Growth: Bar Beach has the luxury of being landlocked with almost zero supply of vacant land remaining. This means that supply is almost fully constrained. With demand continuing to rise in recent years, prices have been trending higher at a faster rate than most other Newcastle suburbs. Thes factors are likely to be present in the future so the long term outlook for Bar Beach is favourable for investors & existing homeowners.
Schools
The Hill offers convenient access to several educational institutions. Here are some notable schools in and around the suburb:
Distance to CBD and Closest Beach
The Hill is situated within walking distance of the Newcastle CBD, making it an ideal location for those who work or study in the city. Additionally, The Hill is approximately 300m kilometre away from Bar Beach, which is the closest beach. Residents can enjoy the convenience of a short stroll to the beachfront and the coastal lifestyle it offers.
Local Cafes, Bars, and Restaurants
The Hill and its surrounding areas boast a vibrant food and beverage scene. From cosy cafés to trendy bars and restaurants, there are plenty of options to explore. Here are a few popular establishments in the vicinity:
Public Spaces
The Hill offers several public spaces that provide opportunities for relaxation, outdoor activities, and community gatherings. Here are some notable public spaces in and around the suburb:
King Edward Park: A picturesque park with beautiful gardens, walking paths, and stunning views of the coastline.
The Obelisk: A historic landmark located within King Edward Park, offering panoramic views of Newcastle and its surrounding areas.
Civic Park: Located in the CBD, this park hosts events, markets, and festivals, providing a vibrant atmosphere for the community.
Newcastle Foreshore: A waterfront promenade with cycling and walking paths, picnic areas, and views of the harbor.
The Hill offers a captivating mix of history, convenience, and natural beauty. With its proximity to the CBD, stunning coastal views, and a thriving community, The Hill remains a sought-after suburb for residents and visitors alike. If you’d like help finding your dream property in The Hill chat to your local Newcastle Buyers Agent at Chamberlain Brown.
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.