Finding Self Storage in Newcastle, WA: Top Tips
There are a few things you should know about Newcastle self storage before you begin your search. The pricing and availability of storage units in Newcastle will depend on several factors such as the real estate climate, the number of people moving into or throughout the area, housing conditions in the city, and the general wealth and prosperity of the area. We used US Census data on Newcastle to give you a better idea of these factors.Moving and Storage in Newcastle, WA
One of the primary uses of self storage is as a safe place to keep your things between moving homes. If many people are moving to or from Newcastle, prices could be higher and availability lower. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Newcastle we can get a better idea of the amount of moving activity. According to the US Census, the Newcastle metro area's population grew from 10,394 in 2010 to 11,201 in 2014, a growth rate of 7.76%.Self Storage and Real Estate in Newcastle, WA
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Newcastle. Low rates of vacancy in Newcastle housing could indicate that real estate is in short supply. Self storage units in Newcastle may then also be in short supply, which means Newcastle storage unit prices may be higher. According to US Census estimates, 95.1% of housing units in Newcastle are occupied, while the vacancy rate is at 4.9%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Newcastle, suggesting that storage unit inventory might also be tighter in Newcastle. With fewer units available, storage facilities in Newcastle may charge higher prices.