Thinking about buying in Newtown? Now could not be a better time, with 706 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $605,000 with prices in this suburb ranging from $244,000 to $1,440,000. The aproximate distance to the coast is 42 Km.
Median Weekly Rent | $285.00 |
Median Monthly Mortgage | $1631.75 |
Median Persons Per Bedroom | 0.78 |
Average Household Size | 2.50 |
Average Age | 41.75 |
Average Income | $878.75 |
Average Cars Per Dwelling | 1.81 |
Average Properties Within 50M | 7 |
1 Bed  $353,000 |
2 Bed  $474,000 |
3 Bed  $586,000 |
4 Bed  $712,000 |
5 Bed  $790,000 |
6 Bed+$658,000 |
In Newtown there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Newtown is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Newtown changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. High density population in Newtown requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
21 LUSITANIA ST, NEWTOWN, QLD, 4305 | 0 | 0 | 0 | 350000 |
Ipswich Girls' Grammar School
Silkstone State School
Ipswich Central State School
Ipswich Flexible Learning Centre
Ipswich Special School
Ipswich East State School
Sacred Heart School
Claremont Special School
St Mary's Primary School
Ipswich North State School
(While the above schools are located with the suburb of Newtown there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 5.6 | 18.7 | 30.1 | 49.3 | 96.3 | 3.3 | 20.2 |
Feb | 3.4 | 19.7 | 31.7 | 44.3 | 92.2 | 3.5 | 20.9 |
Mar | 3.3 | 18.8 | 30.5 | 47.1 | 94.1 | 2.8 | 18.2 |
Apr | 1.2 | 13.7 | 27.8 | 43.2 | 96.5 | 2.4 | 16.5 |
May | 1.5 | 8.6 | 24.4 | 41.2 | 96.2 | 2.2 | 13.8 |
Jun | 1.7 | 7.3 | 21.8 | 45.6 | 95.7 | 2.3 | 11.9 |
Jul | 0.6 | 6.6 | 23.0 | 37.6 | 95.9 | 2.2 | 13.4 |
Aug | 0.5 | 5.3 | 24.3 | 29.1 | 93.9 | 2.7 | 16.2 |
Sept | 1.1 | 9.2 | 26.3 | 31.7 | 94.8 | 2.9 | 18.6 |
Oct | 1.9 | 12.4 | 28.4 | 34.2 | 94.2 | 3.2 | 22.4 |
Nov | 1.7 | 16.8 | 32.5 | 33.4 | 91.3 | 3.7 | 25.2 |
Dec | 3.1 | 18.9 | 31.9 | 40.8 | 91.9 | 3.6 | 23.1 |
source: Australian Government Bureau of Meteorology
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