At number 472th in the list of Australian suburbs ordered by increase in median house value over the last year, Newport, 2106 is in the top 20% with a property value increase of 18.59% recorded in median house prices.
Over the longer term, Newport has seen property prices show investors a 57.14% return over the last 3 years. This is worse than over the last 12 months
At number 174th of NSW’s most discounted properties, Newport is in the bottom 20% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $997.5 and the average annual increase in value of a median property of 7.23%, investors should hope to achieve an overall return of 2.73%
Property investors who have had real estate in Newport, 2106 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 17.48%
Comparing Newport,2106 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Newport, 2106. Typically our figures indicate that -4.64% is being offered, which puts this NSW suburb at 852th most discounted overall in Australia.
Advertised rents are around the $570 mark per week – giving a return of 3.49% based on the median price in Suburb