These are postcode 2298's figures, which include Waratah. New leases of all home types in postcode 2298 had a median rent of $650 a week in July–Sept 2026, across 96 new leases, up 6.1% on a year earlier.
Half the new leases of 3-bedroom houses in postcode 2298 were between $685 and $797.50 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 2298's figures: the whole postcode, which includes Waratah, Waratah West and Georgetown. Postcode 2298
July–Sept 2026 · NSW Fair Trading bond data
| Homes | Median | Middle half | Leases | vs a year earlier |
|---|---|---|---|---|
| all homes | $650/wk | 96 | +6.1% | |
| 1-bed homes | $340/wk | 19 | — | |
| 2-bed homes | $600/wk | 24 | — | |
| 3-bed homes | $750/wk | 39 | +8.7% | |
| units, any sizeCheck an increase | $500/wk | 28 | — | |
| 1-bed unitsCheck an increase | $395/wk | 14 | — | |
| 2-bed unitsCheck an increase | $572.50/wk | 14 | — | |
| houses, any sizeCheck an increase | $700/wk | 62 | +6.9% | |
| 3-bed housesCheck an increase | $745/wk | 35 | +8.8% |
© 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 |
|---|---|---|---|---|
| all homes | $930,000 | 37 | +8.3% | |
| strata homes | $720,000 | — | — | |
| non-strata homes | $1,000,000 | — | — |
© 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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