Download your FREE reports now!

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 $1,200,000 and this has changed 6.66% over the past year and changed 0.84% over 2 years.

The median rent in Newport for houses is $650 per week and the median rental yield is 2.81%. Stock on the market for houses/townhouses has changed 52.63% compared to last year and the average time to sell a house/townhouse is 61 days.The median listing price for units is $580,000 and this has changed 5.45% over the past year. The average unit takes 124 days to sell and the median rent for a unit in Newport is $455 per week, producing a rental yield of 4.07%.

Supply & Demand in Newport, Hobsons Bay

0.95%

Current vacancy rate


56

Rental stock available


12,916

Population


25.26%

Rental population


0.94%

Current vacancy rate


402

Rental stock available


88,778

Population


26.21%

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 Newport, Hobsons Bay

  House Townhouses Units
Median listing price $1,200,000 $900,000 $580,000
Median price change - last quarter 0.00% 0.00% 2.63%
Median price change - 1 year 6.66% 0.55% 5.45%
Median price change - 2 years 0.84% 0.00% 5.45%
  House Townhouses Units
Median weekly rent $650 $680 $455
Median yield % 2.81% 3.92% 4.07%
Median rent change - 1 year 0.00% 4.61% 5.81%
  House Units
Previous month sales 20 4
Stock on market previous month 87 17
Stock variance vs. last year 52.63% -34.62%
Average days on market 61 124

Newport investment property listings

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

6/42-44 Percy St, Newport

$295,000

property pic

Home or Investment

Great starter for young adult or investment. Renovated couple of years ago. Compact one bedroom apartment with B.I.Robes and w/w carpets, lounge with gas wall heater and w/w carpets, reverse cycle air-conditioner. Kitchen with plenty of cabinets, gas stove and tiled floors. Modern bathroom and ...

Get more info on this property
rei

1

rei

1

rei

0

Unit

VIC 3015


Navigate to more Suburbs, Regions or States