With a capital gain of -2.03% for the last 12 months, Newton, 5074 has performed for property investments than its average annual 4.13% 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 $490000, with sellers offering an average of -7.91% off the asking price.
Newton is in the TOP 20% in SA when comparing median price capital growth over the last year. Newton gave property investors a very good capital gain figure when compared to the rest of the state, with 13.00%.
A 10.61% growth in median value for property investors in Newton,5074 puts this suburb at number 96th in terms of best performing suburbs in SA
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.44% offered to property buyers. Sellers in Newton itself are offering an average vendor discount of -5.92% to real estate investors.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 4.56%, without taking into account capital value appreciation, which has been averaging out at 3.52%.