When looking across the province, Newtown is the 115th most expensive in Newfoundland and Labrador.
The median house price listed in Newtown this month is $139,900.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
According to our stats, Newtown is the neighbourhood that has the 97th most properties available to real estate investors in Newfoundland and Labrador.
Is Newtown a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Newtown there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
