Hover over Tap a data point to see when it was last updated.

Median values are calculated based on data over a 12 month period.

Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government.
About this data  

Market Report

New Town has 65 houses available for sale. The median property price for a house is currently 920,000 with annual capital growth of -6.53 . There were 49 house sales in the past 12 months. On average, houses spend 29 days on market.

If you're thinking about buying an investment property in New Town, consider that rental yields for houses are currently 3.70 with an average median rent of 580 weekly. Houses have seen 0.00 growth in the past quarter, and -6.53 growth in the past 12 months.

The size of New Town is approximately 4 square kilometres. It has 8 parks covering nearly 9.3% of total area. The population of New Town in 2011 was 5,968 people. By 2016 the population was 6,109 showing a population growth of 2.4% in the area during that time. The predominant age group in New Town is 30-39 years.

Households in New Town are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in New Town work in a professional occupation. In 2011, 58.2% of the homes in New Town were owner-occupied compared with 57.4% in 2016.

New Town has 38 units available for sale. The median property price for a unit is currently 455,000 with annual capital growth of -9.90 . There were 38 unit sales in the past 12 months. On average, units spend 30 days on market.

If you're thinking about buying an investment property in New Town, consider that rental yields for units are currently 4.84 with an average median rent of 450 weekly. Units have seen -9.90 growth in the past quarter, and -9.90 growth in the past 12 months.

The size of New Town is approximately 4 square kilometres. It has 8 parks covering nearly 9.3% of total area. The population of New Town in 2011 was 5,968 people. By 2016 the population was 6,109 showing a population growth of 2.4% in the area during that time. The predominant age group in New Town is 30-39 years.

Households in New Town are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in New Town work in a professional occupation. In 2011, 58.2% of the homes in New Town were owner-occupied compared with 57.4% in 2016.

$suburbContentType.expertReport

Looking to invest or refinance? Compare investor loans or SMSF loans

Key Market Data House Unit
Median price 920,000 455,000
Quarterly growth 0.00 -9.90
12-month growth -6.53 -9.90
Average annual growth +7.04 +5.09
Weekly median rent 580 450
Gross rental yield 3.70 4.84
Number of Sales (12m) 49 38
Avg. Days on Market (12m) 29 30
Jump to Market Trends
Key Demographics 2011 2016
Total population 5,968 6,109
Population change (5y) +1.67 +2.40
Median household income (p/w) 1,047 1,223
Household income change (5y) +25.24 +16.81
Median age of persons 41 40
Jump to Demographics Trends
Advertisement

Looking to invest or refinance?

Get notified when our data is updated.

By subscribing you agree to our privacy policy.

Disclaimers

This publication contains data and statistics provided by the Australian Bureau of Statistics, available at http://www.abs.gov.au/ and reproduced under Creative Commons Attribution 2.5 http://creativecommons.org/licenses/by/2.5/au/legalcode.

The CoreLogic Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While CoreLogic uses commercially reasonable efforts to ensure the CoreLogic Data is current, CoreLogic does not warrant the accuracy, currency or completeness of the CoreLogic Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the CoreLogic Data.

This product incorporates data that is copyright owned by the Crown in Right of Tasmania. The data has been used in the product with the permission of the Crown in Right of Tasmania. The Crown in Right of Tasmania and its employees and agents:

(a) give no warranty regarding the data's accuracy, completeness, currency or suitability for any particular purpose; and

(b) do not accept liability howsoever arising, including but not limited to negligence for any loss resulting from the use of or reliance upon the data.

Base data from the LIST © State of Tasmania http://www.thelist.tas.gov.au.

This publication reproduces materials and content owned or licenced by RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic) and may include data, statistics, estimates, indices, photographs, maps, tools, calculators (including their outputs), commentary, reports and other information (CoreLogic Data).

© Copyright 2024. CoreLogic and its licensors are the sole and exclusive owners of all rights, title and interest (including intellectual property rights) the CoreLogic Data contained in this publication. All rights reserved.

Product Data licenced by CoreLogic under a Creative Commons Attribution licence. For details regarding licence, data source, copyright and disclaimers, see https://www.corelogic.com.au/aboutus/thirdpartyrestrictions

Suburb borders rendered using geocodes provided by Openstreetmap.

SMSF Icon
Need help with an SMSF home loan?
Speak to an SMSF lending specialist