Investment property in Newtown has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -5.63%
Newtown,4305 was ranked 1562 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Newtown is offering property investors an average of -6.63. This rate of discount on properties puts Suburb at number 211th in terms of most discounted suburbs in QLD
At number 1368 in a list of fastest selling suburbs, Newtown is in the TOP 40% of suburbs in Australia with an average of days on market 61.29 for properties listed there.
Newtown is 341th on a list of best yielding suburbs for rents in QLD with a 4.73% return