Canberra Now Boasts A 7-figure Median House Price
With double-digit growth and the steepest price acceleration in almost three decades, Canberra continues to dominate the...
Property investors have seen a 9.57% 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 $383,500
Profits averaged 5.4% 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 $340 based on current median home prices for the suburb.
The gross rental yield in NEWTOWN, 4305 is 4.61%.
An average of 3.33 real estate transactions take place per month in NEWTOWN which translates to 40 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||5.96%||N/A|
|Median 3 years||16.21%||N/A|
|Median 5 years||29.12%||N/A|
|10 years average annual||1.75%||N/A|
|Weekly media advert. rent||$340||N/A|
|Time on Market||43.5 days||N/A|
|Gross Rental Yield Percent||4.61%||N/A|