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Investment Property Newport, VIC, 3015

Suburb Snapshot

Newport is a suburb in the Hobsons Bay Region of Victoria. Newport has a population of 12,916 people and 25.26% of its occupants live in rental accommodation. The median listing price for houses is $1,100,000 and this has changed -7.18% over the past year and changed -5.79% over 2 years.

The median rent in Newport for houses is $650 per week and the median rental yield is 3.07%. Stock on the market for houses/townhouses has changed -7.69% compared to last year and the average time to sell a house/townhouse is 80 days.The median listing price for units is $535,000 and this has changed -6.15% over the past year. The average unit takes 86 days to sell and the median rent for a unit in Newport is $430 per week, producing a rental yield of 4.17%.

Supply & Demand in Newport, Hobsons Bay

1.25%

Current vacancy rate


73

Rental stock available


12,916

Population


25.26%

Rental population


0.94%

Current vacancy rate


397

Rental stock available


88,778

Population


26.21%

Rental population


0.87%

Current vacancy rate


26,641

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Newport, Hobsons Bay

  House Townhouses Units
Median listing price $1,100,000 $890,000 $535,000
Median price change - last quarter 0.00% 0.00% 0.00%
Median price change - 1 year -7.18% -1.12% -6.15%
Median price change - 2 years -5.79% 2.89% -2.73%
  House Townhouses Units
Median weekly rent $650 $650 $430
Median yield % 3.07% 3.79% 4.17%
Median rent change - 1 year 14.03% 14.03% 10.25%
  House Units
Previous month sales 14 2
Stock on market previous month 60 20
Stock variance vs. last year -7.69% 33.33%
Average days on market 80 86

Newport investment property listings

Showing 5 of 114 investment properties found in Newport on realestateinvestar.com.au

16 Fittis St, Newport

$980,000

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Settle Into the Perfect Family Residence in a Prized Newport Loc

This incredible brand-new residence encompasses beauty, practicality and timeless class, seamlessly culminating into the ultimate family home. Taking inspiration from the natural beauty of Newport Lakes Reserve, this property blends into its surroundings, in a natural style that modern homes ...

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House

VIC 3015


92 Farm St, Newport

$1,200,000

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Premium Location - Renovate and Reveal, Your Next Chapter Awaits

Nestled on a quaint street is this tired yet charming double-fronted Victorian home beckons for a new lease on life. With over 45 years of cherished memories within its walls, it now eagerly awaits its next chapter. Boasting three generously sized bedrooms, a single bathroom, and an inviting ...

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House

VIC 3015


133/6 Paine St, Newport

$745,000

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Smart and Stylish with Low Maintenance Character.

A truly beautiful property and one of only selected few within this development that has a private side courtyard. This is first class in all its splendour. A blue-chip location that is walking distance to Newport train station & the strand waterfront. Offering double storey living, with 2 ...

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Townhouse

VIC 3015


6/24 Newcastle St, Newport

$670,000

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Coffee House Terrace c1880

Set on a peaceful tree-lined street, this classic Victorian town house is situated in Newport's highly sought after, historic Coffee House Terraces. Simply stroll around the corner for great cafes, dining, bars, shopping and city-bound trains, plus you have the open spaces of Newport Lakes Reserve ...

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Townhouse

VIC 3015


8 Jack St, Newport

$890,000

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3 Bedroom Brick Home on a Corner Block of 457m2!

Step into the charm of yesteryear with this mid-century charm 3-bedroom, 1-bathroom home, boasting a convenient parking space. Nestled in a peaceful neighborhood, this property offers the perfect canvas for your next chapter. With a little imagination and TLC, this property holds immense potential ...

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House

VIC 3015


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