Property investors who have had real estate in Newtown, 4350 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.18%
Taking the average capital gain, or increase in median house value, Newtown,4350 has racked up an average of 7.18% over the period. This ranks it number 3176th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Newtown 4350 should be seeing an average reduction in asking price of around -4.60% . This means that Newtown is holding prices well when compared to other suburbs in QLD.
On average over the past year, suburb has had 23.25 sales per month, which equates to 279 per year.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 2.58%, investors should hope to achieve an overall return of 5.24%
Newtown, 4350 ranked 196th 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
When looking at the potential capital gains offered to property investors over the last 3 years, Newtown comes in at number 97th in QLD.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Newtown, 4350. Typically our figures indicate that -5.52% is being offered, which puts this QLD suburb at 182th most discounted overall in Australia.
At number 1317 in a list of fastest selling suburbs, Newtown is in the bottom 20% of suburbs in Australia with an average of days on market 89.1087 for properties listed there.