Question 1

Is The Junction a nice place to live?

Accepted Answer

The Junction is an inner-city Newcastle suburb with a compact, beachside character on the southern edge of the urban area and within easy reach of the coast. It mixes older character cottages and weatherboard homes with low-rise apartments and sympathetic infill, so you find both long-standing local families and younger professionals drawn to the surf and café scene. A village-style shopping strip supplies everyday shops, cafes and services, while parks, coastal walking routes and regular buses connect the suburb to the city and surrounding neighbourhoods.

It is a small community of 994 people with a median age of 43 and a median household income of $1,916 a week (about $99,600 a year). Homes are mostly owner-occupied—roughly two in three households—with renters at about 32.6%. The Junction is the focus of a funded walking and cycling upgrade that includes a shared path and a separated cycleway as part of a link to the beach, and council documents also note local road and drainage works. Whether that mix suits you depends on what you value in a suburb.

Question 2

Is it expensive to live in The Junction?

Accepted Answer

In The Junction, a house rent of $775 a week would take about 40.4% of a typical local household's weekly income as recorded at the last Census, which is a large share of income. A unit rent of $610 a week would take about 31.8% of that same benchmark, a sizeable share. If you're renting, those rent shares are the most relevant numbers for how housing costs sit against local incomes at the last Census.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is The Junction a good place to invest?

Accepted Answer

The most striking movement in The Junction over the past 12 months is that unit rents climbed 23.2%, a strong rise. Over the same period the median value of houses fell 7.0% and house rents fell 7.2%, both notable declines.

Put simply, unit rental income has been the standout movement this year, while the house side saw declines in both price and the rent it earns. Which of those outcomes matters to you will depend on whether you prioritise rental income or capital growth.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	-7.0%	N/A
Sold Past 3 months	3	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	$775	$610
Change in rent Past 12 months	-7.2%	23.2%

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