Newington is in the TOP 30% in VIC when comparing median price capital growth over the last year. Newington gave property investors a good capital gain figure when compared to the rest of the state, with 4.76%.
Over the longer term, Newington has seen property prices show investors a 26.13% return over the last 3 years. This is worse than over the last 12 months
Newington, 3350 is offering VIC ‘s 344th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.
On average over the past year, suburb has had 4.17 sales per month, which equates to 50 per year.
Advertised rents are around the $340 mark per week – giving a return of 3.74% based on the median price in Suburb