NEWSTEAD 7250
State: TASPosiProp AI Investment Summary
NEWSTEAD (TAS 7250) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.3% and has experienced a 12-month capital growth of Up 4.0%, with a median house buy price of $743,750. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$580,000
$712,500
$885,000
$743,750
Suburb Market Profile
Last month Newstead had 26 properties available for rent and 27 properties for sale. Median property prices over the last year range from $743,750 for houses to $518,000 for units. If you are looking for an investment property, consider houses in Newstead rent out for $590 PW with an annual rental yield of 4.3% and units rent for $488 PW with a rental yield of 4.9%. Newstead has seen an annual compound growth rate of 4.0% for houses and 31.6% for units.
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