Giving property investors a a stable capital gain of 10.37% for the last year, Newmarket, 4051 is the 993th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Newmarket has given property investors a paper return of 2.47%. This puts Suburb as 197 on a list of fastest fasting appreciating suburbs in QLD
Sellers are offering property buyers an average discount of -4.46% to buyers in Newmarket at the moment, which is less than average for the rest of QLD.
Renters in Suburb are facing rents around $5910 per annum or $492.5 every week.
Over the last year, property investments in Newmarket, 4051 have given investors a capital gain of -2.79%. This compares badly with the 0.77% for QLD as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Newmarket comes in at number 167th in QLD.
Newmarket, 4051 is offering QLD ‘s 202th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this QLD.
On average over the past year, suburb has had 2.42 sales per month, which equates to 29 per year.
Renters in Suburb are facing rents around $4740 per annum or $395 every week.
Located just 4km north of the Brisbane CBD, Newmarket is an older established suburb with its own rail station. The suburb has continued to attract younger residents who are looking for convenience and lifestyle.Full summary
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Located just 4km north of the Brisbane CBD, Newmarket is an older established suburb with its own rail station. The suburb has continued to attract younger residents who are looking for convenience and lifestyle.
The suburb’s close proximity to the a number of parks and amenities as well as the QUT’s campus in Kelvin Grove ensures rental demand is also strong in the area.