Suburb Profile Report for Newington NSW (2127)

Newington House: Median price $1,305,000, Annual capital growth 7.67%, Number of sales 48, Weekly median advertised rent $750

Newington Unit: Median price $735,000, Annual capital growth 6.25%, Number of sales 59, Weekly median advertised rent $550

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Newington, 2127 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -2.61%.

Newington,2127 was ranked 2527 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Newington is offering property investors an average of -5.23. This rate of discount on properties puts Suburb at number 1114th in terms of most discounted suburbs in NSW

Newington, 2127’s gross rental yield is 2.99%

At number 1127th in the list of Australian suburbs ordered by increase in median house value over the last year, Newington, 2127 is in the BOTTOM 40% with a property value increase of 0.14% recorded in median house prices.

While Newington,2127 ranked number 317th in NSW for increase in median house value (annualised) increase, it is ranked 268th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Newington is offering property investors an average of -4.12. This rate of discount on properties puts Suburb at number 456th in terms of most discounted suburbs in NSW

Often selling an investment property can take time, and in Newington the average time real estate has been on the market is 52.55 days.

Property investors should expect to get $550 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$1,305,000 $735,000
0.38% 1.38%
-2.61% 0.14%
7.67% 6.25%
$750 $550
48 59
2.99% 3.89%
56.78 52.55

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
Find a mortgage broker in Newington NSW
Demographics
Total population 5318
Median household income ($/weekly) 2184
Median age of persons 34
Median housing loan repayment ($/monthly) 2600
Average household size 2.7
  • Census Count Percent(%)
    0-4 years 529 9.9
    5-14 years 665 12.5
    25-34 years 1054 19.8
    35-44 years 1148 21.6
    45-54 years 656 12.3
    Others 1267 23.8
    Age Group
    Census Count Percent(%)
    Registered Married 2329 61.0
    Not Married 1192 31.2
    Defacto Relationship 298 7.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 2369 47.1
    Croatia 426 8.5
    India 170 3.4
    Lebanon 594 11.8
    Other 224 4.5
    Others 1249 24.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 291 6.0
    Christianity 2854 58.5
    Hinduism 176 3.6
    Islam 164 3.4
    No Religion 1317 27.0
    Others 73 1.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 222 13.1
    $2,000-$2,499 188 11.1
    $2,500-$2,999 317 18.7
    $3,000-$3,499 167 9.8
    $4,000 or more 158 9.3
    Others 645 38.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2121 54.3
    Not in the labour force 952 24.4
    Employed, worked part-time 586 15.0
    Employed, away from work 134 3.4
    Unemployed, looking for work 110 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 603 21.2
    Professionals 998 35.1
    Technicians & trades workers 214 7.5
    Clerical & administrative workers 457 16.1
    Sales 199 7.0
    Others 371 13.1
    Occupation
    Census Count Percent(%)
    Pre-school 121 9.5
    Infants/Primary 462 36.2
    Secondary 259 20.3
    Technical or Further Educational Institution 109 8.5
    University or other Tertiary Institutions 282 22.1
    Others 42 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2996 59.8
    Flat, unit or apartment 1737 34.7
    Semi-detached, row or terrace house, townhouse 279 5.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 882 48.2
    Rented 600 32.8
    Fully owned 344 18.8
    Other tenure type 5 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals