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NewtownNewtown - SUBURB PROFILE REPORT
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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 Price | $383,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 9.57% | N/A |
| 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 |
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