Property investors have seen a 0% 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 $340,000
Profits averaged 2.65% 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 $307.5 based on current median home prices for the suburb.
The gross rental yield in NEWTOWN, 4305 is 4.7%.
An average of 3.5 real estate transactions take place per month in NEWTOWN which translates to 42 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||9.94%||N/A|
|Median 3 years||7.94%||N/A|
|Median 5 years||27.1%||N/A|
|10 years average annual||3.52%||N/A|
|Weekly media advert. rent||$307.5||N/A|
|Time on Market||53.2 days||N/A|
|Gross Rental Yield Percent||4.7%||N/A|