Property investors who have had real estate in Newington, 3350 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.50%
Newington,3350 has offered an average of 12.50% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Newington should be aiming for at least -5.93% off the asking price, which is the average vendor discount being achieved at the moment.
At number 1326 in a list of fastest selling suburbs, Newington is in the TOP 40% of suburbs in Australia with an average of days on market 66.37 for properties listed there.
Property investors should expect to get $300 weekly from the median priced house in this suburb.