Property investors who have had real estate in Newtown, 4350 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.23%
When looking at the potential capital gains offered to property investors over the last 3 years, Newtown comes in at number 682th in QLD.
Sellers are offering property buyers an average discount of -6.14% to buyers in Newtown at the moment, which is less than average for the rest of QLD.
At number 1816 in a list of fastest selling suburbs, Newtown is just in the top half of suburbs in Australia with an average of days on market 79.0138 for properties listed there.
Property investors should expect to get $317.5 weekly from the median priced house in this suburb.
If you compare the increase in value of investment property in Newtown, 4350 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 1.11%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Newtown has fallen somewhat when compared to the 5 year average annual rate.
Property buyers and investors in Newtown 4350 should be seeing an average reduction in asking price of around -8.71% . This means that Newtown is holding prices well when compared to other suburbs in QLD.
Residents and property investors in Newtown have been waiting around 138.789 days to sell a property.
Situated 108.15km from the CBD, Newtown is one of Toowoomba (R) localities in the postcode 4350.