Investment property in Newtown has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.48%
Comparing Newtown,4350 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Newtown, 4350. Typically our figures indicate that -6.68% is being offered, which puts this QLD suburb at 1438th most discounted overall in Australia.
With the median price for a house in Newtown being $315000 and the advertised rent reaching $295 the gross rental yield for property investors calculates out to be 4.87%
Giving property investors a an average capital gain of 4.09% for the last year, Newtown, 4350 is the 748th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Newtown comes in at number 179th in QLD.
Property investors looking for a bargain in Newtown should be aiming for at least -5.57% off the asking price, which is the average vendor discount being achieved at the moment.
The QLD suburb of Newtown, 4350 is in the Toowoomba local government area.