Newton has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -2.73% to date .
Newton,5074 was ranked 2573 in Australia by increase in median property value over the quarter.
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 Newton, 5074. Typically our figures indicate that -8.16% is being offered, which puts this SA suburb at 768th most discounted overall in Australia.
Often selling an investment property can take time, and in Newton the average time real estate has been on the market is 85.48 days.
Renters in Suburb are facing rents around $4440 per annum or $370 every week.
With a capital gain of 16.41% for the last 12 months, Newton, 5074 has performed for property investments than its average annual 4.44% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Newton has given property investors a paper return of 4.93%. This puts Suburb as 43 on a list of fastest fasting appreciating suburbs in SA
LACK OF BUYER INTEREST may well be the reason that Newton is offering property investors an average of -6.30. This rate of discount on properties puts Suburb at number 73th in terms of most discounted suburbs in SA
Newton, 5074’s gross rental yield is 4.34%