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Property investors have seen a 3.8% gain in NEWTOWN based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains NEWTOWN, 4305 saw average growth in the long term.
The QLD suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $355,000
Profits averaged 4.41% per annum over a 3-year period, due to an upward trend in home prices in NEWTOWN, 4305.
This means, real estate investors could earn a rental income of $320 based on current median home prices for the suburb.
The gross rental yield in NEWTOWN, 4305 is 4.69%.
An average of 2.75 real estate transactions take place per month in NEWTOWN which translates to 33 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $355,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 3.8% | N/A |
| Median 12 month | 2.6% | N/A |
| Median 3 years | 13.24% | N/A |
| Median 5 years | 11.81% | N/A |
| 10 years average annual | 1.29% | N/A |
| Weekly media advert. rent | $320 | N/A |
| Time on Market | 78.8 days | N/A |
| Gross Rental Yield Percent | 4.69% | N/A |
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