Property investors have seen a -4.41% drop in NEWTOWN based on a decrease 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 $325,000
Profits averaged 1.84% 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 $305 based on current median home prices for the suburb.
The gross rental yield in NEWTOWN, 4305 is 4.88%.
An average of 3.08 real estate transactions take place per month in NEWTOWN which translates to 37 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||6.04%||N/A|
|Median 3 years||5.52%||N/A|
|Median 5 years||25%||N/A|
|10 years average annual||3.41%||N/A|
|Weekly media advert. rent||$305||N/A|
|Time on Market||48.3 days||N/A|
|Gross Rental Yield Percent||4.88%||N/A|