Giving property investors a an average capital gain of 4.26% for the last year, Newnham, 7248 is the 2021th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Newnham,7248 has racked up an average of 4.26% over the period. This ranks it number 3566th in the whole country for real estate investors looking at median house price increases.
Newnham, 7248 is offering TAS ‘s 37th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this TAS.
Advertised rents are around the $280 mark per week – giving a return of 5.94% based on the median price in Suburb
Property investors who have had real estate in Newnham, 7248 should be unhappy with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -4.88%
Sellers are offering property buyers an average discount of -6.32% to buyers in Newnham at the moment, which is less than average for the rest of TAS.