Newtown is an average performer in QLD when comparing median price capital growth over the last year. Newtown gave property investors a good capital gain figure when compared to the rest of the state, with 6.04%.
Taking the average capital gain, or increase in median house value, Newtown,4305 has racked up an average of 6.04% over the period. This ranks it number 3035th in the whole country for real estate investors looking at median house price increases.
At number 571th of QLD’s most discounted properties, Newtown is in the TOP 40% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $305 and the average annual increase in value of a median property of 3.41%, investors should hope to achieve an overall return of 4.88%