BENDIGO 
1 MIN READRoaring Post-COVID ’20s On The Cards For Property Investors?
Barring an external shock, property investors look set to benefit from the post-COVID boom in the Australian economy. ...
Read More
NewingtonNewington - SUBURB PROFILE REPORT
SHARE 
Property investors enjoyed capital gains of 15.83% over the last 12 months in NEWINGTON, translating to lower returns compared with its peers in NSW.
A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 6.87% growth over a ten-year period. It ranks 757th on our list of suburbs that property investors should look into.
NEWINGTON, 2127 has a capital gain of 15.83% for the past year, which is higher than average compared to its 5.38% growth within a five-year period.
With the median home price in NEWINGTON sitting at $1,390,000, and the average rent at $740, property owners could potentially earn a 2.77% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in NEWINGTON are low, as opposed to average gains per annum over the past five years.
NEWINGTON, 2127 in NSW belongs to the local government area of Parramatta (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,390,000 | $688,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.36% | 0.66% |
| Median 12 month | 15.83% | -0.4% |
| Median 3 years | -0.71% | -6.39% |
| Median 5 years | 5.38% | -5.43% |
| 10 years average annual | 6.87% | 3.37% |
| Weekly media advert. rent | $740 | $520 |
| Time on Market | 40.2 days | 57.3 days |
| Gross Rental Yield Percent | 2.77% | 3.93% |
Get notifications in real-time for staying up to date with content that matters to you.
Copyright © 2021 Smart Property Investment
