SA has seen average median house prices change by 2.79% which means that Newton, 5074 has done well for property investors by showing a capital gain of 7.83% over the last year
Across a shorter period, Newton, 5074 has seen a median price increase of 0.30% over the last quarter.
Newton, 5074 is offering SA ‘s 69th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this SA.
Using the current median advertised rental of $345 and the average annual increase in value of a median property of 5.69%, investors should hope to achieve an overall return of 3.52%
Newton has had a pretty good year for property investment returns compared to the rest of SA, giving investors a capital gain of 13.88% to date .
Newton,5074 was ranked 188 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -8.45% to buyers in Newton at the moment, which is less than average for the rest of SA.
Residents and property investors in Newton have been waiting around 75.31 days to sell a property.
Property investors should expect to get $300 weekly from the median priced house in this suburb.