Shortland is a suburb of Newcastle, located 12 kilometres from Newcastle’s central business district. It has a small group of shops, a pub, a school and is close to the University of Newcastle.
Shortland is approximately 6.1 square kilometres. It has 10 parks covering nearly 13.9% of
total area. The population of Shortland in 2011 was 3,705 people. By 2016 the population was 3,880
showing a population growth of 4.7% in the area during that time. The predominant age group in
Shortland is 20-29 years. Households in Shortland are primarily childless couples and are likely to be
repaying $1400 – $1799 per month on mortgage repayments. In general, people in Shortland work in a trades occupation. In 2011, 66.4% of the homes in Shortland were owner-occupied compared with 61.7% in 2016.
Currently the median sales price of houses in the area is $667,500.
On average, houses in Shortland rent out for $480 PW with an annual rental yield of 3.8%.
Based on five years of sales, Shortland has seen a compound growth rate of 23.5% for houses and 24.3% for units.
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