If you compare the increase in value of investment property in Newton, 5074 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this SA suburb was 8.09%.
Across a shorter period, Newton, 5074 has seen a median price increase of 2.83% over the last quarter.
At number 93th of SA’s most discounted properties, Newton is in the bottom 30% of the state/territory when listing in order of most discounted to least.
With the median price for a house in Newton being $508000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 3.58%
With a capital gain of 10.03% for the last 12 months, Newton, 5074 has performed for property investments than its average annual 4.62% property growth over the last 5 years.
Comparing Newton,5074 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Newton is $356500, with sellers offering an average of -8.45% off the asking price.
On average over the past year, suburb has had 1.92 sales per month, which equates to 23 per year.
A $300 per week rent on the median house gives suburb investors a gross yield of circa 4.38%, without taking into account capital value appreciation, which has been averaging out at 4.62%.