If you compare the increase in value of investment property in Newington, 3350 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 5.63%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Newington has increased when compared to the 5 year average annual rate.
At number 435th of VIC’s most discounted properties, Newington is in the TOP 40% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 3.17 sales per month, which equates to 38 per year.
The VIC suburb of Newington, 3350 is in the Ballarat local government area.