Islington (postcode 2296) is a smaller residential area in New South Wales within the Newcastle local government area. The area has roughly 2,026 residents and a mix of young professionals and families, with a median age of 35. Households earn a median income of $95K per year, with an average household size of 2.1 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.1% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, community & personal service, managers. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Irish.
Islington has a median house price of $935,000, which has dipped slightly by 1.6% year-on-year. Units have a median price of $787,000 (+6% YoY). The current median weekly rent is $698. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $2,000.
Islington is served by 1 school, including 1 primary. The average ICSEA score is 1090, which is above the national average of 1,000. Public transport access includes 1 rail station, 16 bus stops. The crime rate in the Newcastle LGA is moderate at 6,303 incidents per 100,000 population.
From an investment perspective, Islington shows a gross rental yield of approximately 3.9%, rated as moderate yield. Property prices sit below the state median ($935K/$1.5M), which can point to relative value. The price-to-income ratio of 9.8x is considered moderate. House prices have moved -1.6% year-on-year. Population growth of +1.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.