Property investors who have had real estate in Newport, 4020 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.32%
Taking the average capital gain, or increase in median house value, Newport,4020 has racked up an average of -3.32% over the period. This ranks it number 2745th in the whole country for real estate investors looking at median house price increases.
In the last year 64 properties changed hands in Newport, which puts it as the 368th most active market in QLD when comparing the number of sales per suburb.
Using the current median advertised rental of $650 and the average annual increase in value of a median property of 2.52%, investors should hope to achieve an overall return of 3.87%