Suburb Profile Report for Newstead TAS (7250)

Newstead House: Median price $365,000, Annual capital growth 3.57%, Number of sales 121, Weekly median advertised rent $330

Newstead Unit: Median price $255,500, Annual capital growth 4.60%, Number of sales 40, Weekly median advertised rent $230

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Newstead has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.35%

Newstead,7250 has offered an average of 13.35% return per annum in house price rises to property investors over the last three years.

Investment property in Newstead has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 24.63%

When looking at the potential capital gains offered to property investors over the last 3 years, Newstead comes in at number 3rd in TAS.

With the median price for a house in Newstead being $255500 and the advertised rent reaching $230 the gross rental yield for property investors calculates out to be 4.68%

Metrics i HOUSE UNIT
$365,000 $255,500
-0.68% -4.49%
13.35% 24.63%
3.57% 4.60%
$330 $230
121 40
4.70% 4.68%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 4968
Median household income ($/weekly) 967
Median age of persons 41
Median housing loan repayment ($/monthly) 1463
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 652 13.1
    25-34 years 551 11.1
    35-44 years 647 13.0
    45-54 years 657 13.2
    55-64 years 565 11.4
    Others 1896 38.2
    Age Group
    Census Count Percent(%)
    Registered Married 1704 48.3
    Not Married 1531 43.4
    Defacto Relationship 294 8.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 4148 86.7
    Indonesia 33 0.7
    Papua New Guinea 40 0.8
    United Kingdom 254 5.3
    Other 93 1.9
    Others 214 4.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 46 1.0
    Christianity 3105 67.3
    Hinduism 23 0.5
    Other Religious Groups 20 0.4
    No Religion 1413 30.6
    Others 7 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 170 9.2
    $400-$599 272 14.7
    $600-$799 202 10.9
    $1,000-$1,249 176 9.5
    $1,500-$1,999 191 10.4
    Others 834 45.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1591 40.9
    Employed, worked full-time 1305 33.5
    Employed, worked part-time 754 19.4
    Unemployed, looking for work 126 3.2
    Employed, away from work 115 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 285 13.1
    Professionals 607 27.9
    Technicians & trades workers 256 11.8
    Clerical & administrative workers 267 12.3
    Sales 247 11.4
    Others 514 23.6
    Occupation
    Census Count Percent(%)
    Pre-school 43 3.6
    Infants/Primary 469 38.8
    Secondary 334 27.6
    Technical or Further Educational Institution 134 11.1
    University or other Tertiary Institutions 198 16.4
    Others 32 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3903 86.2
    Flat, unit or apartment 389 8.6
    Semi-detached, row or terrace house, townhouse 228 5.0
    House or flat attached to a shop, office 6 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 713 36.6
    Being purchased 620 31.8
    Rented 596 30.6
    Other tenure type 20 1.0
    Tenure Type
Census 2011, ABS
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