Newnham has had a very poor year for property investment returns compared to the rest of TAS, giving investors a capital gain of -5.60% to date .
Over the longer term, Newnham has seen property prices show investors a -3.67% return over the last 3 years. This is worse than over the last 12 months
At number 38th of TAS’s most discounted properties, Newnham is in the bottom 30% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Newnham have been waiting around 95.36 days to sell a property.
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 -8.14%
Taking the average capital gain, or increase in median house value, Newnham,7248 has racked up an average of -8.14% over the period. This ranks it number 1232th in the whole country for real estate investors looking at median house price increases.
Newnham, 7248 is offering TAS ‘s 11th 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.