AREA REPORTS

Newman

WA/
Newman

Suburb Profile

Newman - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6753

house
unit

It 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 $150,000

The augmented property values in the suburb are trailing behind the territorial average of -1.79% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $350.

Home owners selling their properties and realtors in NEWMAN usually have to wait an average of 67.0 days days before their assets are lifted off the market.

The WA suburb ranks 5th on the list of best yielding suburbs for rental properties in WA, posting a 12.13% return.

It also places places 54th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $150,000 $65,000
GROWTH REPORT
Median Quarterly 3.45% N/A
Median 12 month -3.23% N/A
Median 3 years N/A N/A
Median 5 years N/A N/A
10 years average annual -8.59% N/A
Weekly media advert. rent $350 $245
Time on Market 67.0 days 94.7 days
Gross Rental Yield Percent 12.13% 19.6%
demographics (median values)
Total Population
5137
Weekly Household Income
2163
Household Size
3.00
demographics
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