NEWINGTON 3350
State: VICPosiProp AI Investment Summary
NEWINGTON (VIC 3350) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.6% and has experienced a 12-month capital growth of Down -0.8%, with a median house buy price of $625,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$575,000
$625,000
$1,020,000
$625,000
Suburb Market Profile
Last month Newington had 3 properties available for rent and 14 properties for sale. Median property prices over the last year range from $625,000 for houses to $438,500 for units. If you are looking for an investment property, consider houses in Newington rent out for $445 PW with an annual rental yield of 3.6% and units rent for $410 PW with a rental yield of 4.7%. Newington has seen an annual compound growth rate of -0.8% for houses and 43.8% for units.
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