
News
17.04.2026
Q1 2026 Property Market Update: A More Considered Market, A Greater Need for Strategy
In the first quarter of 2026, we’ve seen a clear shift across Newcastle, Lake Macquarie and the Hunter. Buyers are still active – but they’re more considered in how they make decisions.
They’re taking more time, comparing options more closely, and placing greater emphasis on value, quality and positioning. And in this environment, one thing is becoming increasingly clear:
Strategy and marketing matter more than ever.
At MOVABLE, that’s how we help our clients close the profit gap – often by $100,000+.
Watch the full Q1 report here or read the key insights below:
A Balanced Market Across the Region
Across Newcastle, Lake Macquarie and the Hunter, the market has remained relatively balanced through early 2026 – sitting close to long-term trends.
We’ve seen:
- Solid price stability across most property types
- Continued buyer demand, particularly in well-located areas
- Growth in some segments – especially apartments (around 4–5%)
However, the pace of decision-making has shifted. Buyers are no longer rushing. Instead, they’re weighing up their options more carefully before committing. For sellers, this creates both a challenge and an opportunity.
Well-positioned properties are still performing – but the pathway to a premium result is more deliberate.
Newcastle CBD Apartments: Consistent Demand, More Competition

Across Newcastle, Newcastle East, Newcastle West and Wickham, apartment conditions have remained steady through Q1.
Sales activity is broadly in line with last year, with consistent growth across most segments.
On the ground, Team Maxell are seeing:
- Strong demand for one and two-bedroom apartments
- Continued appeal driven by affordability and lifestyle
- Larger apartments attracting a more considered buyer
Open home numbers remain solid – but buyers are attending multiple properties and comparing value more closely. This means properties that don’t stand out early can lose momentum quickly. Well-presented apartments with a strong launch strategy are still performing, but the margin for error has tightened.
In this market, results aren’t just about timing – they’re driven by strategy from day one.
Coastal Markets: Quality and Positioning Driving Results

Across Merewether, Bar Beach, Cooks Hill and Adamstown, the market has remained steady, with strong price points holding through Q1.
Family homes continue to perform well – particularly those offering lifestyle, space and proximity to the coast.
Key trends Natalie Tonks is seeing:
- Buyers placing greater emphasis on quality, finish and location
- Prestige buyers taking more time and assessing value more closely
- Increased competition at the upper end
Buyers are highly discerning. They’re willing to pay for quality – but expectations are higher. Homes that are well-prepared, well-marketed and aligned with the right buyer are still achieving standout results.
Those that aren’t are sitting longer or requiring price adjustments.
Stockton: Tight Supply Supporting Strong Outcomes

In Stockton, a slightly different dynamic is playing out.
The market has remained stable, with limited supply continuing to support pricing.
Jessica Molan is seeing:
- Strong demand for family homes (particularly 3–4 bedrooms)
- Lower stock levels creating fewer opportunities
- Well-positioned homes attracting strong competition
Buyers remain active – but selective. They’re focused on layout, condition and location, and move quickly when the right property comes to market.
In a tightly held market like Stockton, the launch phase is critical. Getting pricing, presentation and campaign strategy right from the outset can significantly influence the final result.
The Common Theme: A More Considered Buyer
Across all areas, the trend is consistent. Buyers are still active, but they’re more thoughtful, more selective and more informed.
This is creating a growing gap between average results and well-executed, strategically driven outcomes. Properties positioned correctly from day one are continuing to perform. Those that aren’t are finding the market less forgiving.
Closing the Profit Gap
At MOVABLE, we take a tailored approach to every property – combining data-led insights, on-the-ground experience and targeted marketing to drive stronger results.
Because in today’s market, it’s not just about being on the market. It’s about how you go to market. If you’re considering your next move, now is the time to understand where your property sits – and how to maximise its potential.
Learn more about this approach here.
Make Your Next Move with Confidence.
Always A Good Move.