If you compare the increase in value of investment property in Newstead, 4006 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -1.26%.
A 12.00% growth in median value for property investors in Newstead,4006 puts this suburb at number 163th in terms of best performing suburbs in QLD
Property investors looking for a bargain in Newstead should be aiming for at least -7.33% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $490 mark per week – giving a return of 4.27% based on the median price in Suburb