Newborough is in the TOP 30% in VIC when comparing median price capital growth over the last year. Newborough gave property investors a good capital gain figure when compared to the rest of the state, with 6.04%.
When looking at the potential capital gains offered to property investors over the last 3 years, Newborough comes in at number 400th in VIC.
Property investors looking for a bargain in Newborough should be aiming for at least -3.81% off the asking price, which is the average vendor discount being achieved at the moment.
If you compare the increase in value of investment property in Newborough, 3825 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 36.82%.
If we look at median property appreciation over just the last three months, Newborough has given property investors a paper return of -4.16%. This puts Suburb as 326 on a list of fastest fasting appreciating suburbs in VIC
At number 188th of VIC’s most discounted properties, Newborough is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Newborough is 272th on a list of best yielding suburbs for rents in VIC with a 3.60% return