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 3.5% and has experienced a 12-month capital growth of Down -4.3%, with a median house buy price of $617,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$585,000
$617,500
$1,020,000
$617,500
Suburb Market Profile
Last month Newington had 6 properties available for rent and 12 properties for sale. Median property prices over the last year range from $617,500 for houses to $438,500 for units. If you are looking for an investment property, consider houses in Newington rent out for $430 PW with an annual rental yield of 3.5% and units rent for $410 PW with a rental yield of 4.8%. Newington has seen an annual compound growth rate of -4.3% for houses and 43.8% for units.