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Investment Property Newington, NSW, 2127

Suburb Snapshot

Newington is a suburb in the Parramatta Region of New South Wales. Newington has a population of 5,805 people and 28.71% of its occupants live in rental accommodation. The median listing price for houses is $1,900,000 and this has changed NA over the past year and changed 18.01% over 2 years.

The median rent in Newington for houses is $950 per week and the median rental yield is 2.60%. Stock on the market for houses/townhouses has changed 0.00% compared to last year and the average time to sell a house/townhouse is 56 days.The median listing price for units is $785,000 and this has changed 4.66% over the past year. The average unit takes 79 days to sell and the median rent for a unit in Newington is $700 per week, producing a rental yield of 4.63%.

Supply & Demand in Newington, Parramatta

0.96%

Current vacancy rate


20

Rental stock available


5,805

Population


28.71%

Rental population


1.73%

Current vacancy rate


1,938

Rental stock available


226,155

Population


37.68%

Rental population


1.02%

Current vacancy rate


37,030

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Newington, Parramatta

  House Townhouses Units
Median listing price $1,900,000 NA $785,000
Median price change - last quarter 0.00% NA 0.64%
Median price change - 1 year NA NA 4.66%
Median price change - 2 years 18.01% NA 1.94%
  House Townhouses Units
Median weekly rent $950 NA $700
Median yield % 2.60% NA 4.63%
Median rent change - 1 year 0.00% NA 2.94%
  House Units
Previous month sales 3 2
Stock on market previous month 9 17
Stock variance vs. last year 0.00% -5.56%
Average days on market 56 79

Newington investment property listings

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