Suburb Profile Report for Newtown QLD (4350)

Newtown House: Median price $309,000, Annual capital growth 2.84%, Number of sales 172, Weekly median advertised rent $315

Newtown Unit: Median price $224,000, Annual capital growth 0.72%, Number of sales 46, Weekly median advertised rent $275

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

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

  • House Report
  • Unit Report

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.

Metrics i HOUSE UNIT
$309,000 $224,000
-0.32% 1.13%
1.31% -0.44%
2.84% 0.72%
$315 $275
172 46
5.30% 6.38%
77.8965517241379 108.583333333333

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

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 9564
Median household income ($/weekly) 894
Median age of persons 33
Median housing loan repayment ($/monthly) 1354
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 1136 11.9
    25-34 years 1414 14.8
    35-44 years 1092 11.4
    45-54 years 1192 12.5
    55-64 years 975 10.2
    Others 3755 39.3
    Age Group
    Census Count Percent(%)
    Not Married 3450 49.8
    Registered Married 2680 38.7
    Defacto Relationship 795 11.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 8145 89.3
    Papua New Guinea 127 1.4
    Philippines 53 0.6
    United Kingdom 199 2.2
    Other 233 2.6
    Others 363 4.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 132 1.5
    Christianity 6835 78.4
    Hinduism 28 0.3
    Other Religious Groups 60 0.7
    No Religion 1637 18.8
    Others 28 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 391 11.0
    $400-$599 514 14.5
    $600-$799 463 13.0
    $800-$999 399 11.2
    $1,000-$1,249 397 11.2
    Others 1387 39.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2731 37.2
    Not in the labour force 2713 37.0
    Employed, worked part-time 1302 17.7
    Unemployed, looking for work 298 4.1
    Employed, away from work 292 4.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 609 14.1
    Technicians & trades workers 742 17.2
    Community & personal service workers 516 11.9
    Clerical & administrative workers 585 13.5
    Labourers 738 17.1
    Others 1136 26.3
    Occupation
    Census Count Percent(%)
    Pre-school 92 4.5
    Infants/Primary 704 34.5
    Secondary 645 31.6
    Technical or Further Educational Institution 207 10.1
    University or other Tertiary Institutions 334 16.4
    Others 59 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7423 83.7
    Flat, unit or apartment 988 11.1
    Semi-detached, row or terrace house, townhouse 446 5.0
    House or flat attached to a shop, office 11 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1635 42.8
    Being purchased 1150 30.1
    Fully owned 1022 26.7
    Other tenure type 16 0.4
    Tenure Type
Census 2011, ABS
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