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Gateshead suburb profile

Gateshead is an established residential suburb in the City of Lake Macquarie, located close to the waters of Lake Macquarie and neighbouring Charlestown and Warners Bay. Its streets are lined with a mix of older weatherboard cottages, brick homes and low-rise units, creating a quietly lived-in character that suits families, professionals and downsizers alike. Residents enjoy nearby foreshore reserves and parks for walking, fishing and boating, while everyday shopping and services are concentrated in Charlestown Square. The suburb has regular bus links and ready access to main roads that connect to Newcastle and other parts of the lake region.

Gateshead property market performance

There are relatively few recent property sales in the suburb, so there isn't enough data to publish a reliable median price for houses or units. The figures that are available show house values rose sharply, up 10.4% over the last 12 months.

Sales activity was limited: five houses sold in the past three months, and houses sold in a median of 14 days over the last 12 months.

The rental market in Gateshead saw house rents average $650 over the last 12 months, up a sharp 10.2% over the same period.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
10.4%N/A
Sold
Past 3 months
5N/A
Median days on market
Past 12 months
14N/A
Average rent
Past 12 months
$650N/A
Change in rent
Past 12 months
10.2%N/A

5 year median price trend for houses and units

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Gateshead demographics

Gateshead is home to 3,121 people, with a median age of 35. The median total household income is $1,232 a week, roughly $64,000 a year.

Families are prominent: couple families (with and without children) make up about two-thirds of family types, totalling 66.3%. Of these, 36.3% are couple families with children and 30.0% are couple families without children. One-parent families account for 31.7% and other families 2.0%.

In Gateshead, owner-occupied homes are the majority at 54.7% overall, split between 31.6% owned with a mortgage and 23.1% owned outright, while renters make up 45.3%.

Suburbs near Gateshead

Some popular suburbs near Gateshead include:

How does Gateshead compare to nearby suburbs?

  • Median house prices: Gateshead’s median house price is 4.3% lower than Mount Hutton’s.
  • House price growth: Over the past 12 months, house prices in Gateshead have grown 7.0% higher than in Whitebridge.
  • Selling speed for houses: Properties in Gateshead are selling 39.1% faster than in Whitebridge.

Choose the right real estate agents in Gateshead

Choosing the right real estate agent in Gateshead can have a big impact on your sale. While there are 13 real estate agents working in the suburb, but just 5 of them were responsible for 60.0% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.87% to 3.25%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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