Suburb Profile Report for Newton SA (5074)

Newton House: Median price $490,000, Annual capital growth 4.64%, Number of sales 74, Weekly median advertised rent $350

Newton Unit: Median price $365,000, Annual capital growth 3.54%, Number of sales 26, Weekly median advertised rent $310

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Newton 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 -2.97%

Newton,5074 was ranked 3617 in Australia by increase in median property value over the quarter.

Newton5074 is located in SA which offers an average discount of -6.55% to property investors. Newton itself is showing figures that indicate -7.85% is the average achievable by property buyers investing in the suburb.

A $350 per week rent on the median house gives suburb investors a gross yield of circa 3.71%, without taking into account capital value appreciation, which has been averaging out at 4.64%.

SA has seen average median house prices change by 4.44% which means that Newton, 5074 has done well for property investors by showing a capital gain of 13.00% over the last year

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.20% offered to property buyers. Sellers in Newton itself are offering an average vendor discount of -6.56% to real estate investors.

On average over the past year, suburb has had 2.17 sales per month, which equates to 26 per year.

With the median price for a house in Newton being $365000 and the advertised rent reaching $310 the gross rental yield for property investors calculates out to be 4.42%

HOUSE UNIT
$490,000 $365,000
-3.83% N/A
-2.97% 13.00%
4.64% 3.54%
$350 $310
74 26
3.71% 4.42%
82.64 69.14

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 4665
Median household income ($/weekly) 1074
Median age of persons 39
Median housing loan repayment ($/monthly) 1500
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 570 12.2
    25-34 years 570 12.2
    35-44 years 713 15.3
    45-54 years 666 14.3
    55-64 years 512 11.0
    Others 1635 35.0
    Age Group
    Census Count Percent(%)
    Registered Married 1987 53.9
    Not Married 1532 41.6
    Defacto Relationship 167 4.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2944 65.7
    Croatia 98 2.2
    Japan 525 11.7
    United Kingdom 145 3.2
    Other 218 4.9
    Others 551 12.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 100 2.3
    Christianity 3426 78.3
    Hinduism 61 1.4
    Other Religious Groups 93 2.1
    No Religion 639 14.6
    Others 59 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 192 11.6
    $600-$799 191 11.6
    $800-$999 162 9.8
    $1,000-$1,249 166 10.1
    $1,500-$1,999 218 13.2
    Others 720 43.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1386 37.3
    Employed, worked full-time 1314 35.4
    Employed, worked part-time 783 21.1
    Employed, away from work 120 3.2
    Unemployed, looking for work 114 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 391 17.7
    Technicians & trades workers 346 15.6
    Clerical & administrative workers 389 17.6
    Sales 293 13.2
    Labourers 228 10.3
    Others 566 25.6
    Occupation
    Census Count Percent(%)
    Pre-school 41 3.8
    Infants/Primary 418 38.2
    Secondary 280 25.6
    Technical or Further Educational Institution 106 9.7
    University or other Tertiary Institutions 222 20.3
    Others 26 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3949 86.5
    Semi-detached, row or terrace house, townhouse 458 10.0
    Flat, unit or apartment 153 3.4
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 718 41.5
    Being purchased 563 32.5
    Rented 451 26.0
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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