Top-Rated Newtown Property Manager

Property Management Agency Servicing Newtown

Welcome to NextGen Property Management, your top-rated property management agency in the vibrant suburb of Newtown. With a stellar reputation and numerous positive reviews, we are proud to be the leading choice for property management services in the area. At NextGen Property Management, we pride ourselves on providing top-tier property management services. Our experienced team, led by Chris Dimitropoulos, ensures property investments are managed with the utmost care and professionalism. Our goal is to provide a hassle-free, personalised property management service, tailored to the suburb’s unique market. Contact Chris today via email at chris@nextgenpm.com.au, by calling (02) 9199 9651, or by clicking here to complete our contact form.

Meet Chris Dimitropoulos and His Team

This is the NextGen Property Management Team!Led by the highly experienced Chris Dimitropoulos, our team is renowned for its expertise and success in managing properties in Newtown. Chris and his team have an extensive portfolio of properties under management and possess in-depth local knowledge, ensuring that both landlords and tenants receive exceptional service. For more details about our team, click here.

Why Choose Us?

  • Top-Rated Service: NextGen Property Management is consistently rated as the top property management agency in Newtown, thanks to our commitment to excellence and customer satisfaction.
  • Experienced Team: With years of experience, Chris Dimitropoulos and his team have a proven track record of success in managing properties and providing top-notch service.
  • Local Knowledge: Our deep understanding of the Newtown rental market allows us to offer insightful advice and effective management strategies.

Newtown Rental Market Update

The rental market in Newtown is dynamic and competitive. Here are some key statistics and data points to keep you informed:

  • Median Rent:
    • Houses: The median weekly rent for houses in Newtown is approximately $850.
    • Units: The median weekly rent for units is around $600.
  • Vacancy Rates: The vacancy rate in Newtown is currently about 1.9%, reflecting high demand for rental properties in this sought-after suburb.
  • Rental Price Trends: Over the past year, rental prices in Newtown have seen a steady increase, with houses experiencing a 5% rise and units a 3% rise in median rent.

For more detailed statistics, you can refer to:

Newtown Tenant Demographic

Newtown attracts a diverse range of tenants, including young professionals, families, and students. The suburb’s proximity to Sydney’s central business district and vibrant local amenities make it a popular choice for those seeking a balanced lifestyle. Many tenants are drawn to Newtown for its blend of modern apartments and charming heritage homes. The area is known for its thriving café culture, parks, and easy access to public transport, making it ideal for those who value convenience and a lively community atmosphere. According to the latest census data, the median age of residents is 32, with a significant proportion of tenants working in professional and technical services, healthcare, and education​ (ABS Data)​​ (Australian Bureau of Statistics)​.

Image depicting Newtown Train Station

Newtown Train Station

Key Suburb Statistics from 2021 ABS Census

  • Population: 15,908 residents
  • Median Age: 32 years
  • Family Composition:
    • 45% of households are families
    • 42% of residents live in lone-person households
  • Housing:
    • 62% of dwellings are apartments
    • 34% are semi-detached, row or terrace houses
  • Education:
    • 40% of residents have a Bachelor degree or higher
    • 18% are currently attending university or other tertiary institutions
  • Employment:
    • 67% of residents are employed full-time
    • Top industries of employment include professional, scientific and technical services, healthcare, and education

For more detailed statistics, visit the 2021 Census Community Profiles or Data by Region from the Australian Bureau of Statistics.

Walk Score

Newtown has a high walkability score of 95, making it extremely easy for residents to access local amenities, parks, and public transport.

Walk Score description: Newtown is a Walker’s Paradise, with daily errands not requiring a car. Newtown is the 6th most walkable neighbourhood in Sydney with 15,908 residents.

Check out the Walk Score for Newtown for more details.

Walk Score Categories:

Walk ScoreDescriptionDetails
90–100Walker’s ParadiseDaily errands do not require a car
70–89Very WalkableMost errands can be accomplished on foot
50–69Somewhat WalkableSome errands can be accomplished on foot
25–49Car-DependentMost errands require a car
0–24Car-DependentAlmost all errands require a car

Walk Score measures the walkability of any address based on the distance to nearby places and pedestrian friendliness.

Detailed Statistics and Sources

  • NSW Department of Communities and Justice Rental Bond Data: Provides comprehensive data on rental bond lodgements and refunds, which can be a useful indicator of rental market trends. NSW Rental Bond Data
  • Domain Rental Report: Offers in-depth analysis and data on rental trends across Sydney, including Newtown. Domain Rental Report
  • CoreLogic Market Trends: Provides detailed market analysis and property data, helping to understand the broader trends affecting the Newtown rental market. CoreLogic Market Trends
  • SQM Research: Delivers detailed statistics on rental prices and vacancy rates, highlighting the competitive nature of the Sydney rental market. SQM Research

Wikipedia Link

For more information about the suburb of Newtown, visit the Newtown Wikipedia page.

Contact Us

Are you looking for a reliable property manager in Newtown? Contact NextGen Property Management today to learn how we can help you achieve your property investment goals. Call us on (02) 9199 9651 or click here to schedule a consultation. We look forward to hearing from you and sharing our story.