Newington, 2127 ranked 1238th in NSW when comparing growth in median property values or capital gain over the last 12 months. Newington is one of 3163 in our list for NSW
Over the longer term, Newington has seen property prices show investors a 43.49% return over the last 3 years. This is worse than over the last 12 months
At number 1123th of NSW’s most discounted properties, Newington is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Newington, 2127’s gross rental yield is 3.00%
Newington, 2127 ranked 446th in NSW when comparing growth in median property values or capital gain over the last 12 months. Newington is one of 3163 in our list for NSW
Newington,2127 has offered an average of -0.89% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Newington should be aiming for at least -2.65% off the asking price, which is the average vendor discount being achieved at the moment.
A $550 per week rent on the median house gives suburb investors a gross yield of circa 3.97%, without taking into account capital value appreciation, which has been averaging out at 6.17%.