Suburb Profile

Suburb profile for,

Newport, VIC 3015

About Newport

Newport (3015) is a suburb in Victoria that continues to attract attention from both homeowners and investors.

Demographics and Community

Newport has a population of approximately 12,913, a median age of 37, a median weekly household income of $2,137.

Property Market Overview

The current median house price in Newport is $1,250,000. Average annual growth is -3.1%.

Properties in Newport spend an average of 56 days on market.

Rental Market

The median weekly rent for houses in Newport is $480. Gross rental yield is 2.60%.

Nearby Suburbs

Explore other suburb profiles in the area: South Kingsville, VIC, Williamstown North, VIC, Yarraville, VIC, Altona, VIC, Brooklyn, VIC.

Considering Newport for Investment?

Handle Properties is a Sydney-based buyer's agency helping investors build portfolios of high-growth investment properties across Australia. If you are considering Newport or need help identifying the right suburb for your strategy, get in touch with our team.

SUBURB DATA

Quantitative data for,

Newport, VIC 3015

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.

State
VIC
Suburb
NEWPORT
Postcode
3015
Median price for all dwellings
$1,250,000
Last 12 months growth return
Down -3.1%
Avg. dwellings for sale in the suburb every month
56
Avg. dwellings sold in the suburb in previous 12 months
155
Avg days on market for a dwelling listing to sell
56 days
Avg. number of people searching in this suburb every month
3459
Avg. rental yield per annum
2.60%
Weekly median rent for all dwellings
$480 per week
Median price for all houses
$1,250,000
Avg. rental yield growth in the previous 12 months
2.60%
Avg. days for a rental listing to find a tennant
23 days
Total suburb population in 2016
12913
Total suburb population change in 5 years up to 2016
7.70%
Avg. household income per week
$2,137
Median age of the population in the suburb
37
Historic avg annual growth return per annum in the suburb
3.62%