Suburb Profile Report for Newington NSW (2127)

Newington House: Median price $1,325,000, Annual capital growth 7.59%, Number of sales 49, Weekly median advertised rent $750

Newington Unit: Median price $735,000, Annual capital growth 6.20%, 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 somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was 1.22%.

Newington,2127 was ranked 1960 in Australia by increase in median property value over the quarter.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.22% offered to property buyers. Sellers in Newington itself are offering an average vendor discount of -2.77% to real estate investors.

Often selling an investment property can take time, and in Newington the average time real estate has been on the market is 61.52 days.

With the median price for a house in Newington being $1325000 and the advertised rent reaching $750 the gross rental yield for property investors calculates out to be 2.94%

Newington, 2127 ranked 453th 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

Comparing Newington,2127 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Our latest figures would indicate that property sellers in Newington are currently offering property investors an average price cut of -1.35% below the asking price at the moment.

Situated 10.42km from the CBD, Newington is one of Auburn localities in the postcode 2127.

Metrics i HOUSE UNIT
$1,325,000 $735,000
1.34% 0.68%
1.22% 0.82%
7.59% 6.20%
$750 $550
49 59
2.94% 3.89%
61.52 39.38

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (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