Giving property investors a an unimpressive capital gain of -1.59% for the last year, Newtown, 4350 is the 3025th highest performer in Australia in this respect.
Newtown,4350 was ranked 1660 in Australia by increase in median property value over the quarter.
Newtown4350 is located in QLD which offers an average discount of -7.31% to property investors. Newtown itself is showing figures that indicate -7.02% is the average achievable by property buyers investing in the suburb.
Advertised rents are around the $295 mark per week – giving a return of 4.95% based on the median price in Suburb
Newtown, 4350 ranked 261th in QLD when comparing growth in median property values or capital gain over the last 12 months. Newtown is one of 2415 in our list for QLD
The five-year average increase in median property values for Newtown,4350 has given property investors a potential capital gain of 17.46% across each of those five years.
Property buyers and investors in Newtown 4350 should be seeing an average reduction in asking price of around -5.82% . This means that Newtown is holding prices well when compared to other suburbs in QLD.
Residents and property investors in Newtown have been waiting around 125.68 days to sell a property.
With the median price for a house in Newtown being $282500 and the advertised rent reaching $275 the gross rental yield for property investors calculates out to be 5.06%