Property value increases in Newton have tracked just lower than the SA average of 4.21% over the last 12 months.
Newton,5074 has offered an average of -2.10% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -5.46% to buyers in Newton at the moment, which is less than average for the rest of SA.
On average over the past year, suburb has had 6.50 sales per month, which equates to 78 per year.
At number 1269th in the list of Australian suburbs ordered by increase in median house value over the last year, Newton, 5074 is in the BOTTOM 30% with a property value increase of -2.19% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Newton has increased when compared to the 5 year average annual rate.
The most recent median price for Newton is $357500, with sellers offering an average of -4.45% off the asking price.
Newton, 5074’s gross rental yield is 4.65%