Newport, 2106 ranked 265th 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
The five-year average increase in median property values for Newport,2106 has given property investors a potential capital gain of 86.00% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Newport is offering property investors an average of -5.28. This rate of discount on properties puts Suburb at number 150th in terms of most discounted suburbs in NSW
Often selling an investment property can take time, and in Newport the average time real estate has been on the market is 64.55 days.
Situated 25.32km from the CBD, Newport is one of Pittwater localities in the postcode 2106.
Newport is in the TOP 20% in NSW when comparing median price capital growth over the last year. Newport gave property investors a very good capital gain figure when compared to the rest of the state, with 21.55%.
Newport,2106 was ranked 1322 in Australia by increase in median property value over the quarter.
Property buyers and investors in Newport 2106 should be seeing an average reduction in asking price of around -5.11% . This means that Newport is holding prices well when compared to other suburbs in NSW.