Newcastle's cheapest house draws bidders at $690k
A three-bedroom cottage in Mayfield East is the cheapest house for sale within 10 kilometres of Newcastle CBD. The weatherboard house on a 390-square-metre block is priced at $690,000.
Why it mattersPeople priced out of nearby areas now have a path in. Investors see a chance in a suburb with strong growth.
AustraliaNewcastle and Hunter region buyers facing affordability pressures can access the regional property market at this new lower threshold.
✓ Claims checked against the source. checked 1 h ago
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