With a capital gain of 9.82% for the last 12 months, Newport, 4020 has performed for property investments than its average annual 4.03% property growth over the last 5 years.
Over the longer term, Newport has seen property prices show investors a 24.75% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Newport should be aiming for at least -6.54% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Newport the average time real estate has been on the market is 113.66 days.
Situated 29.24km from the CBD, Newport is one of Moreton Bay localities in the postcode 4020.