Over the last year, property investments in Newport, 2106 have given investors a capital gain of 12.90%. This compares favourably with the 7.47% for NSW as a whole.
If we look at median property appreciation over just the last three months, Newport has given property investors a paper return of 0.57%. This puts Suburb as 952 on a list of fastest fasting appreciating suburbs in NSW
Sellers are offering property buyers an average discount of -8.18% to buyers in Newport at the moment, which is less than average for the rest of NSW.
Often selling an investment property can take time, and in Newport the average time real estate has been on the market is 59.46 days.
Situated 25.43km from the CBD, Newport is one of Pittwater localities in the postcode 2106.
Newport has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 18.57% to date .
Taking the average capital gain, or increase in median house value, Newport,2106 has racked up an average of 18.57% over the period. This ranks it number 252th in the whole country for real estate investors looking at median house price increases.
Newport, 2106 is offering NSW ‘s 327th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this NSW.
Property investors should expect to get $565 weekly from the median priced house in this suburb.