Realestate Agents Newtown

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Realestate Agents Newtown

Chidiac Realty is active as Newtown real estate agents and property managers. You can view properties we have for sale and rent in that area. If you own property or are seeking investment property in Newtown, contact us to talk about property management in Sydney and other ways we can assist you. Our team stays close to the ground with trends and opportunities so we’re well informed about the area.

Location

Newtown is an inner west suburb of Sydney. It is located 4 kilometres south-west of the Sydney CBD. The suburb lies across two local government areas, the City of Sydney and Marrickville Council.

Getting there and getting around

The Newtown Railway Station is located on the Inner West Line of the Sydney Trains Network. The area is serviced by a number of routes on the Sydney Buses Network including the 352, 370, 422, 423, 426, 428 and the M30 Metrobus.

Lifestyle and population

Newtown is a popular inner city suburb with a vibrant arts and music culture. The area incorporates many shopping, café, restaurant and pub strips within its locale. It is known for a number of cultural festivals including the Newtown Festival, Feastability and the Sydney Fringe Festival. The area also has many parks and outdoor recreation areas including the Camperdown Memorial Rest Park and Sydney Park.

The population of Newtown is just over 14,100 people. About 60% of Newtown residents were born in Australia. Significant other countries of birth include England (5.5%), New Zealand (3.4%) and USA (1.4%). The highest percentage household demographic is couples without children at nearly 30%. Couples with children represent about 23%, group households are a significant proportion at 20%, sole occupancy households 18.4%, and single parent households about 2.9%.

Property trends and opportunities

The majority of Newtown residents are renting at 56.4%. Just under 16% of residents own their homes outright with about 25% in the process of purchasing.

Median House Price     $1,200,000

Median House Rental Price   $743 pw

Average House time on market    45 days

Median Unit Price    $580,000

Median Unit Rental Price   $480 pw

Average Unit time on market   38 days

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*Note: Data accurate at time of update. Last update – June 2013

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