Property value increases in Newstead have tracked just higher than the QLD average of -0.18% over the last 12 months.
The five-year average increase in median property values for Newstead,4006 has given property investors a potential capital gain of -0.92% across each of those five years.
At number 160th of QLD’s most discounted properties, Newstead is in the TOP 40% of the state/territory when listing in order of most discounted to least.
At number 1153 in a list of fastest selling suburbs, Newstead is in the bottom 20% of suburbs in Australia with an average of days on market 99 for properties listed there.
With the median price for a house in Newstead being $644000 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 4.04%