Newport, 2106 ranked 232th in NSW when comparing growth in median property values or capital gain over the last 12 months. Newport is one of 3163 in our list for NSW
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Newport has increased when compared to the 5 year average annual rate.
Newport2106 is located in NSW which offers an average discount of -5.49% to property investors. Newport itself is showing figures that indicate -9.53% is the average achievable by property buyers investing in the suburb.
Newport, 2106’s gross rental yield is 2.96%
Newport has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 7.59% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Newport comes in at number 268th in NSW.
Our latest figures would indicate that property sellers in Newport are currently offering property investors an average price cut of -2.93% below the asking price at the moment.
At number 51 in a list of fastest selling suburbs, Newport is in the TOP 10% of suburbs in Australia with an average of days on market 35.63 for properties listed there.
Renters in Suburb are facing rents around $6810 per annum or $567.5 every week.