AREA REPORTS

Newton

 

 

SA/
Newton

Suburb Profile

Newton - FREE SUBURB PROFILE REPORT
POSTAL CODE: SA,5074

house

Property investors enjoyed capital gains of 7.76% over the last 12 months in NEWTON, translating to lower returns compared with its peers in SA.

Figures from the previous quarter show that capital gains for real estate buyers in NEWTON are low, as opposed to average gains per annum over the past five years.

The suburb posted a 10.92% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $390 based on current median home prices for the suburb.

On average, rents on listings have reached the $390 mark, reflecting a 3.84% increase in returns based on the current median price in NEWTON.

NEWTON, 5074 ranks 93rd in SA in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 280th on the list of best yielding suburbs for rental properties in SA, posting a 3.84% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $528,000 N/A
GROWTH REPORT
Median Quarterly 3.23% N/A
Median 12 month 7.76% N/A
Median 3 years 10.92% N/A
Median 5 years 24.53% N/A
10 years average annual 3.17% N/A
Weekly media advert. rent $390 N/A
Time on Market 56.5 days N/A
Gross Rental Yield Percent 3.84% N/A
demographics (median values)
Total Population
4449
Weekly Household Income
905.6
Household Size
2.60
demographics
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