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Newtown, NSW 2042

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Newtown, NSW 2042 located in Sydney to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Newtown, NSW 2042”

  1. The total adult population (15 years or older) of Newtown 2042 NSW is 13,280, with a median age of 34. Of those, 23.08% are married, 9.19% are divorced or separated, 66.12% are single and 1.61% are widowed.

    The average household size is 2.1 people per dwelling, and the median household monthly income is estimated to be $13,532. The median monthly mortgage repayment for households in this suburb is $3,000 which is 22.17% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in the vibrant and eclectic region of NSW, the suburb NEWTOWN 2042 plays host to an estimated 9,134 households. As we move into Q3 of 2023, the housing market in this dynamic locale presents distinctive features that investors and buyers agents can sink their teeth into.

    Honest and typical prices for houses in NEWTOWN 2042 average around $1,716,724. With a median weekly rental price marked at $965, these properties yield a respectable 2.92%. However, this yield is marginally below the preferred 3% that cashflow-centred property investors usually look for. That said, the potential for capital gains should be an attractive lure for those focused on long-term benefits.

    On socio-economic fronts, NEWTOWN 2042 displays strong signs of robustness. It boasts an encouraging IRSAD score of 1143 out of a probable 1217, indicating a thriving community with ready access to significant economic resources. This can translate to a high degree of desirability among tenants, prospective homeowners, and investors alike.

    Though the renter to owner ratio reaches a high point at 57% – a value surpassing the preferred maximum of 45% – the investment prospect shouldn’t be dismissed outright. It’s noteworthy that a high renter ratio could result in a competitive landscape for landlords. However, the lower units to houses ratio standing at 36% suggests less competition among landlords for tenants, which can aid in sustaining higher rental yields.

    Affordability in NEWTOWN 2042 for homeowners comes with its challenges. With an affordability index of 50 years, owning a property here would require longer than the standard 30-year mortgage term. Yet, the high IRSAD score does suggest a population with good income resources that can navigate this landscape.

    Supply metrics show a favourable trend with the stock on market Percentage for houses coming in at a low 0.13%. Low supply generally equates to high demand, which can drive property values up. This correlation is bolstered by an inventory level of just 0.6 months, and a minimal building approvals ratio at 0.02% suggesting dwindling future supply of new properties.

    From a demand perspective, houses in NEWTOWN 2042 are snapped up swiftly with an average of only 20 days on market. This brisk turnover suggests high demand. The modest vacancy rate of 1.58% presents a promising setup for landlords with lower risk of having their properties vacant for extended periods.

    The buy search index for houses holds steady at 5, representing an average interest level relative to the state or city. In conclusion, despite some challenging factors like the high renter to owner ratio and the long affordability index, several other positive metrics suggest NEWTOWN 2042 as a suburb worth considering by property investors and buyers agents.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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