Giving property investors a an unimpressive capital gain of -0.83% for the last year, Newstead, 4006 is the 1172th highest performer in Australia in this respect.
Over the longer term, Newstead has seen property prices show investors a 3.19% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Newstead are currently offering property investors an average price cut of -7.06% below the asking price at the moment.
Renters in Suburb are facing rents around $5880 per annum or $490 every week.