Suburb Profile

Suburb profile for,

Newtown, VIC 3220

About Newtown

Newtown is a residential suburb in Victoria, sitting within the 3220 postcode.

Demographics and Community

Newtown has a population of approximately 10,154, a median age of 41, a median weekly household income of $1,690.

Property Market Overview

The current median house price in Newtown is $1,210,000. Average annual growth is -2.4%.

Properties in Newtown spend an average of 41 days on market.

Rental Market

The median weekly rent for houses in Newtown is $400. Gross rental yield is 2.60%.

Nearby Suburbs

Explore other suburb profiles in the area: Geelong, VIC, South Geelong, VIC, Breakwater, VIC, East Geelong, VIC, Newcomb, VIC.

Considering Newtown 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 Newtown or need help identifying the right suburb for your strategy, get in touch with our team.

SUBURB DATA

Quantitative data for,

Newtown, VIC 3220

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
NEWTOWN
Postcode
3220
Median price for all dwellings
$1,210,000
Last 12 months growth return
-2.4%
Avg. dwellings for sale in the suburb every month
49
Avg. dwellings sold in the suburb in previous 12 months
132
Avg days on market for a dwelling listing to sell
41
Avg. number of people searching in this suburb every month
Avg. rental yield per annum
2.60%
Weekly median rent for all dwellings
$400
Median price for all houses
$1,210,000
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
10154
Total suburb population change in 5 years up to 2016
4.90%
Avg. household income per week
$1,690
Median age of the population in the suburb
41
Historic avg annual growth return per annum in the suburb