Newcastle house prices down for first time in seven years as Sydney correction spreads north

Michael Parris
Updated October 4 2018 - 9:43am, first published October 3 2018 - 5:00am
Newcastle's median house price has slipped to $587,000.
Newcastle's median house price has slipped to $587,000.

Newcastle house prices fell 2.2 per cent in the September quarter as a year-long correction in the national property market started to hit home.

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Michael Parris

Michael Parris


Michael Parris reports on politics for the Newcastle Herald. He started at the Herald in 1994 after working in the ABC Newcastle newsroom. Michael spent much of his career as a sub-editor before moving into political reporting in 2017. He was a finalist in the Sports Australia national media awards for his stories about a male-only tennis club in Newcastle. He has covered NSW and federal elections, state and federal budgets and local politics. He has also written extensively about the COVID-19 pandemic with a special focus on data analysis and the effects of lockdowns on the Hunter community.

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