Over the last year, property investments in Newington, 3350 have given investors a capital gain of 6.43%. This compares averagely with the 7.80% for VIC as a whole.
Across a shorter period, Newington, 3350 has seen a median price increase of 0.68% over the last 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 Newington, 3350. Typically our figures indicate that -5.44% is being offered, which puts this VIC suburb at 2224th most discounted overall in Australia.
Newington, 3350’s gross rental yield is 4.19%