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 Price | $325,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -4.41% | N/A |
| 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 |
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