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Tyrone Garz - Market Update

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Market Update Islington & Maryville

Over the first quarter of 2026, the Islington and Maryville property markets have continued to reflect tight supply and steady demand across inner-city Newcastle. Islington has recorded stable house prices, while unit values have shown modest growth, supported by buyer activity, limited stock and rental returns. In Maryville, demand has remained strong due to its premium inner-harbour position, with unit prices edging upward and house values holding firm amid low availability. Across both suburbs, properties have generally transacted quickly, highlighting competition among buyers and a shortage of quality listings. The rental market has remained constrained, with low vacancy rates and pressure on rents as tenant demand outpaces supply.

Following the recent 2026 Federal Budget announcements and broader NSW housing initiatives, market confidence has remained cautiously positive across lifestyle suburbs close to Newcastle’s CBD. Buyer demand across Islington and Maryville continues to be supported by limited housing supply and the appeal of inner-city living. While affordability pressures remain a consideration for some purchasers, both suburbs continue to attract interest from owner-occupiers and investors seeking long-term growth and convenience. Looking ahead, forecasts from major agencies suggest the market is likely to experience continued, measured price growth throughout 2026, with demand across both the sales and rental markets expected to remain resilient.

Tyrone Garz tyronegarz@mcgrath.com.au 0417 652 513


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