At number 3406th in the list of Australian suburbs ordered by increase in median house value over the last year, Newborough, 3825 is in the BOTTOM 20% with a property value increase of -4.55% recorded in median house prices.
Newborough,3825 was ranked 2226 in Australia by increase in median property value over the quarter.
Newborough, 3825 is offering VIC ‘s 223th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this VIC.
In the last year 124 properties changed hands in Newborough, which puts it as the 203th most active market in VIC when comparing the number of sales per suburb.
With the median price for a house in Newborough being $210000 and the advertised rent reaching $260 the gross rental yield for property investors calculates out to be 6.44%
Newborough is an average performer in VIC when comparing median price capital growth over the last year. Newborough gave property investors a average capital gain figure when compared to the rest of the state, with 3.53%.
Newborough,3825 was ranked 1646 in Australia by increase in median property value over the quarter.
Newborough3825 is located in VIC which offers an average discount of -5.22% to property investors. Newborough itself is showing figures that indicate -6.66% is the average achievable by property buyers investing in the suburb.
Property investors should expect to get $150 weekly from the median priced house in this suburb.