Figures from the previous quarter show that capital gains for real estate buyers in NEWTOWN are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $300 based on current median home prices for the suburb.
On average, rents on listings have reached the $300 mark, reflecting a 5.2% increase in returns based on the current median price in NEWTOWN.
NEWTOWN, 4350 ranks 689th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 200th on the list of best yielding suburbs for rental properties in QLD, posting a 5.2% return.
Property investors have seen a -13.09% 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, 4350 saw average growth in the long term.
NEWTOWN, 4350 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 $239,000.
Profits due to an downward trend in home prices in NEWTOWN, 4350 averaged -3.94% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $270 based on current median home prices for the suburb.
The gross rental yield in NEWTOWN, 4350 is 5.87%.
An average of 4.17 real estate transactions take place per month in NEWTOWN which translates to 50 per annum.
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