Suburb Profile Report for Newtown QLD (4305)

Newtown House: Median price $340,000, Annual capital growth 0.84%, Number of sales 33, Weekly median advertised rent $320

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

At number 2279th in the list of Australian suburbs ordered by increase in median house value over the last year, Newtown, 4305 is in the BOTTOM 50% with a property value increase of -2.86% recorded in median house prices.

Newtown,4305 has offered an average of -2.86% return per annum in house price rises to property investors over the last three years.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.03% offered to property buyers. Sellers in Newtown itself are offering an average vendor discount of -4.28% to real estate investors.

At number 1406 in a list of fastest selling suburbs, Newtown is in the TOP 40% of suburbs in Australia with an average of days on market 69.2 for properties listed there.

Advertised rents are around the $320 mark per week – giving a return of 4.89% based on the median price in Suburb

Metrics i HOUSE UNIT
$340,000 N/A
-4.23% N/A
-2.86% N/A
0.84% N/A
$320 N/A
33 N/A
4.89% N/A
69.2 N/A

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Below average (U)
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Demographics
Total population 1453
Median household income ($/weekly) 1257
Median age of persons 35
Median housing loan repayment ($/monthly) 1712
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 198 13.6
    25-34 years 200 13.8
    35-44 years 230 15.8
    45-54 years 228 15.7
    55-64 years 134 9.2
    Others 464 31.9
    Age Group
    Census Count Percent(%)
    Registered Married 484 46.1
    Not Married 448 42.7
    Defacto Relationship 118 11.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1246 88.2
    Indonesia 6 0.4
    Papua New Guinea 50 3.5
    United Kingdom 65 4.6
    Other 16 1.1
    Others 30 2.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 19 1.4
    Christianity 943 70.3
    Hinduism 6 0.4
    Islam 3 0.2
    No Religion 368 27.4
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 58 11.6
    $800-$999 51 10.2
    $1,250-$1,499 51 10.2
    $1,500-$1,999 70 14.1
    $2,000-$2,499 51 10.2
    Others 217 43.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 428 38.5
    Not in the labour force 385 34.7
    Employed, worked part-time 201 18.1
    Unemployed, looking for work 54 4.9
    Employed, away from work 43 3.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 137 20.4
    Technicians & trades workers 96 14.3
    Community & personal service workers 80 11.9
    Clerical & administrative workers 92 13.7
    Labourers 92 13.7
    Others 175 26.0
    Occupation
    Census Count Percent(%)
    Pre-school 21 6.2
    Infants/Primary 139 41.1
    Secondary 86 25.4
    Technical or Further Educational Institution 29 8.6
    University or other Tertiary Institutions 54 16.0
    Others 9 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1336 96.5
    Semi-detached, row or terrace house, townhouse 30 2.2
    Flat, unit or apartment 19 1.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 216 40.8
    Rented 171 32.3
    Fully owned 143 27.0
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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