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Metric

Newcastle

The North East's capital, re-emerging.

Gross yield range6.5–9%
Entry price£110,000–£225,000
Population forecast310,000 by 2030
Price growth forecast+16.8% (2024-29)
Rental growth forecast+17.9% (2024-28)
New homes pipeline4,500 new homes (5-yr)
Universities2 universities
Student population50,000 students
City-centre businesses
Median age34 years (lowest in North East)
Private renters23% private rented / rent-free citywide
Graduate retention40% Northumbria graduates; 26% Newcastle Uni
Household income£43,200 avg salary citywide
Target tenantYoung professionals and postgraduates working across NHS, public sector, tech and professional services at Quayside and Pilgrim Street, plus international students at Newcastle and Northumbria universities driving premium city-centre apartment demand.
Top regen projectForth Yards / Quayside West · £330m initial tender (£121.8m gov funding)
Regen pipeline4 major schemes
Key neighbourhoodsQuayside · Ouseburn Valley · Heaton & Jesmond · Pilgrim Street
Transport highlightNewcastle Central, 2h 47m to London
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