Download your FREE reports now!

Investment Property Newcomb, VIC, 3219

Suburb Snapshot

Newcomb is a suburb in the Greater Geelong Region of Victoria. Newcomb has a population of 4,505 people and 32.46% of its occupants live in rental accommodation. The median listing price for houses is $549,000 and this has changed 0.00% over the past year and changed -0.19% over 2 years.

The median rent in Newcomb for houses is $445 per week and the median rental yield is 4.21%. Stock on the market for houses/townhouses has changed -17.86% compared to last year and the average time to sell a house/townhouse is 63 days.The median listing price for units is $467,000 and this has changed 3.77% over the past year. The average unit takes 85 days to sell and the median rent for a unit in Newcomb is $370 per week, producing a rental yield of 4.11%.

Supply & Demand in Newcomb, Greater Geelong

1.16%

Current vacancy rate


29

Rental stock available


4,505

Population


32.46%

Rental population


0.88%

Current vacancy rate


1,294

Rental stock available


233,426

Population


23.30%

Rental population


0.93%

Current vacancy rate


28,886

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 Newcomb, Greater Geelong

  House Townhouses Units
Median listing price $549,000 NA $467,000
Median price change - last quarter -0.19% NA 1.46%
Median price change - 1 year 0.00% NA 3.77%
Median price change - 2 years -0.19% NA -6.42%
  House Townhouses Units
Median weekly rent $445 $450 $370
Median yield % 4.21% NA 4.11%
Median rent change - 1 year 3.48% 2.27% -2.64%
  House Units
Previous month sales 3 3
Stock on market previous month 23 7
Stock variance vs. last year -17.86% 0.00%
Average days on market 63 85

Newcomb investment property listings

Showing 1 of 1 investment properties found in Newcomb on realestateinvestar.com.au

1/6 Drysdale Ave, Newcomb

$499,000

property pic

Lifestyle or Investment Opportunity, Minutes from the CBD

Stylish, low maintenance, and superbly positioned only 5 minutes (approx.) from the CBD, this beautifully presented home represents an exceptional opportunity to enter the popular Newcomb market for first home buyers, downsizers or investors. Thoughtfully designed for modern functionality, it ...

Get more info on this property
rei

2

rei

1

rei

1

Townhouse

VIC 3219


Navigate to more Suburbs, Regions or States