Newtown

POSTAL CODE: QLD, 4305
HOUSE

Property investors have seen a 2.64% gain in NEWTOWN based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on NEWTOWN, 4305 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 22.38%.

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 $875,000

Profits averaged 16.33% 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 $555 based on current median home prices for the suburb.

The gross rental yield in NEWTOWN, 4305 is 3.3%.

An average of 3.25 real estate transactions take place per month in NEWTOWN which translates to 39 per annum.

Surburb overview

Newtown is a residential suburb located approximately 2.5 kilometres northeast of the Ipswich Central Business District and about 41 kilometres southwest of Brisbane CBD. Covering an area of 0.7 square kilometres, Queens Park borders it to the west and Brisbane Road to the north, a major arterial route connecting to the Ipswich Motorway.

As of the 2021 Census, Newtown had a population of 1,498 residents. The median age was 40 years, slightly above the Queensland median of 38. Households in Newtown are primarily composed of couples without children, with an average household size of 2.2 people.

The suburb exhibits a diverse cultural background, with 78% of residents born in Australia. Notable communities include those of Iraqi, English, and New Zealander descent. English is the predominant language spoken at home, followed by Kurdish and Mandarin.

Newtown's housing stock predominantly consists of separate houses (70.9%), with a significant portion (19.2%) comprising semi-detached dwellings such as townhouses. The suburb is characterised by character housing in low-density zones, accounting for over 80% of its zoning. As of recent data, the median house price in Newtown is approximately $360,000, with a rental yield of 4.62%.

Newtown contains no schools within its boundaries, but there are several educational institutions in adjacent suburbs. These include Silkstone State School and Ipswich East State School for primary education, and Bremer State High School for secondary education. Immaculate Heart Catholic Primary School also sits in the neighbouring suburb of One Mile.

Newtown is well-connected by public transportation. The nearest train stations are East Ipswich and Booval, providing access to the Queensland Rail City network. Bus services operated by Translink also serve the area, facilitating travel to Ipswich and surrounding suburbs.

For school-aged children, the Queensland Government's School Transport Assistance Scheme (STAS) provides financial assistance to eligible students who travel to and from school by bus, train, or ferry.

Newtown offers several parks and recreational facilities. Queens Park, located on the suburb's western boundary, is a significant green space featuring gardens, playgrounds, and the Ipswich Nature Centre. Additionally, the suburb has three parks covering nearly 3.4% of its total area.

Nearby shopping centres, including Booval Fair Shopping Centre, cater to retail needs by offering a variety of stores and services.

Newtown's blend of historical charm, accessibility, and proximity to essential services makes it an appealing residential suburb within the Ipswich area.

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