Property value increases in Newtown have tracked close to the QLD average of 0.78% over the last 12 months.
Newtown,4350 has offered an average of 1.31% 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 -7.01% offered to property buyers. Sellers in Newtown itself are offering an average vendor discount of -6.56% to real estate investors.
Newtown is 247th on a list of best yielding suburbs for rents in QLD with a 5.30% return
QLD has seen average median house prices change by -0.57% which means that Newtown, 4350 has not done well for property investors by showing a capital gain of -0.44% over the last year
Comparing Newtown,4350 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Property buyers and investors in Newtown 4350 should be seeing an average reduction in asking price of around -8.18% . This means that Newtown is holding prices well when compared to other suburbs in QLD.
Renters in Suburb are facing rents around $14300 per annum or $275 every week.