These are postcode 2299's figures, which include Jesmond. New leases of all home types in postcode 2299 had a median rent of $670 a week in July–Sept 2026, across 138 new leases, up 4.7% on a year earlier.
Half the new leases of 3-bedroom houses in postcode 2299 were between $660 and $770 a week.
New leases are rents agreed at the start of a tenancy in July–Sept 2026, from NSW Fair Trading bond data, not what current tenants pay.
Medians from the published data, for every group. Middle half: half the figures fall in this range, a quarter below it and a quarter above. Method
NSW publishes rents and sale prices by postcode, so these are postcode 2299's figures: the whole postcode, which includes Lambton, Jesmond and North Lambton. Postcode 2299
July–Sept 2026 · NSW Fair Trading bond data
| Homes | Median | Middle half | Leases | vs a year earlier |
|---|---|---|---|---|
| all homes | $670/wk | 138 | +4.7% | |
| 1-bed homes | $400/wk | 25 | — | |
| 2-bed homes | $615/wk | 30 | +7.9% | |
| 3-bed homes | $730/wk | 63 | +1.4% | |
| 4-bed homes | $790/wk | 13 | — | |
| units, any sizeCheck an increase | $510/wk | 35 | −7.3% | |
| 1-bed unitsCheck an increase | $420/wk | 17 | — | |
| 2-bed unitsCheck an increase | $550/wk | 13 | — | |
| houses, any sizeCheck an increase | $720/wk | 90 | +6.3% | |
| 2-bed housesCheck an increase | $680/wk | 14 | — | |
| 3-bed housesCheck an increase | $740/wk | 49 | +1.4% | |
| 4-bed housesCheck an increase | $790/wk | 13 | — | |
| townhouses, any sizeCheck an increase | $700/wk | 13 | — |
© State of New South Wales (NSW Fair Trading rental bond data). For current information go to www.nsw.gov.au.
Jan–Mar 2026 · the NSW Rent and Sales Report
| Sales of | Median | Middle half | Sales | vs a year earlier |
|---|---|---|---|---|
| non-strata homes | $1,092,000 | 37 | +15.4% |
This quarter's figures for strata homes, and so for all homes, look distorted, most often by bulk sales, so they're left out. How we check sale figures
© State of New South Wales (Department of Communities and Justice), Rent and Sales Report.
Every postcode in the council area: Newcastle council area rents by postcode
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