If you compare the increase in value of investment property in Newington, 3350 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 12.05%.
While Newington,3350 ranked number 129th in VIC for increase in median house value (annualised) increase, it is ranked 363th over the last 5 years.
Sellers are offering property buyers an average discount of -7.03% to buyers in Newington at the moment, which is less than average for the rest of VIC.
Newington, 3350’s gross rental yield is 3.63%