Newtown, 4305 ranked 354th in QLD when comparing growth in median property values or capital gain over the last 12 months. Newtown is one of 2415 in our list for QLD
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Newtown has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Newtown are currently offering property investors an average price cut of -6.74% below the asking price at the moment.
Advertised rents are around the $305 mark per week – giving a return of 4.84% based on the median price in Suburb