Newstead, 7250 ranked 108th in TAS when comparing growth in median property values or capital gain over the last 12 months. Newstead is one of 606 in our list for TAS
Newstead,7250 was ranked 1188 in Australia by increase in median property value over the quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Newstead, 7250. Typically our figures indicate that -7.48% is being offered, which puts this TAS suburb at 1001th most discounted overall in Australia.
At number 1675 in a list of fastest selling suburbs, Newstead is just in the top half of suburbs in Australia with an average of days on market 77.6 for properties listed there.
Newstead is 86th on a list of best yielding suburbs for rents in TAS with a 5.18% return
Newstead has had a quite poor year for property investment returns compared to the rest of TAS, giving investors a capital gain of -1.35% to date .
Newstead,7250 was ranked 1234 in Australia by increase in median property value over the quarter.
At number 14th of TAS’s most discounted properties, Newstead is in the bottom 30% of the state/territory when listing in order of most discounted to least.
With the median price for a house in Newstead being $182500 and the advertised rent reaching $220 the gross rental yield for property investors calculates out to be 6.27%