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Investment Property Newborough, VIC, 3825

Suburb Snapshot

Newborough is a suburb in the Latrobe Region of Victoria. Newborough has a population of 6,759 people and 22.61% of its occupants live in rental accommodation. The median listing price for houses is $485,000 and this has changed 0.51% over the past year and changed 5.43% over 2 years.

The median rent in Newborough for houses is $445 per week and the median rental yield is 4.77%. Stock on the market for houses/townhouses has changed -27.88% compared to last year and the average time to sell a house/townhouse is 99 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Newborough is $250 per week, producing a rental yield of NA.

Supply & Demand in Newborough, Latrobe

0.52%

Current vacancy rate


19

Rental stock available


6,759

Population


22.61%

Rental population


0.77%

Current vacancy rate


292

Rental stock available


73,256

Population


22.34%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Newborough, Latrobe

  House Townhouses Units
Median listing price $485,000 NA NA
Median price change - last quarter 0.94% NA NA
Median price change - 1 year 0.51% NA NA
Median price change - 2 years 5.43% NA NA
  House Townhouses Units
Median weekly rent $445 NA $250
Median yield % 4.77% NA NA
Median rent change - 1 year 8.53% NA 0.00%
  House Units
Previous month sales 12 0
Stock on market previous month 75 2
Stock variance vs. last year -27.88% 100.00%
Average days on market 99 NA

Newborough investment property listings

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