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 4.5% and has experienced a 12-month capital growth of Up 3.0%, with a median house buy price of $740,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$573,750
$670,000
$802,000
$740,000
Suburb Market Profile
Last month Newstead had 18 properties available for rent and 22 properties for sale. Median property prices over the last year range from $740,000 for houses to $490,000 for units. If you are looking for an investment property, consider houses in Newstead rent out for $575 PW with an annual rental yield of 4.5% and units rent for $460 PW with a rental yield of 4.8%. Newstead has seen an annual compound growth rate of 3.0% for houses and 8.2% for units.