If you compare the increase in value of investment property in Newtown, 4305 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 4.41%.
Taking the average capital gain, or increase in median house value, Newtown,4305 has racked up an average of 4.41% over the period. This ranks it number 1857th in the whole country for real estate investors looking at median house price increases.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.42% offered to property buyers. Sellers in Newtown itself are offering an average vendor discount of -2.25% to real estate investors.
Renters in Suburb are facing rents around $16900 per annum or $325 every week.