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