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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 $1,200,000 and this has changed 9.09% over the past year and changed 1.26% 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 80.00% compared to last year and the average time to sell a house/townhouse is 55 days.The median listing price for units is $585,000 and this has changed 9.34% over the past year. The average unit takes 128 days to sell and the median rent for a unit in Newport is $450 per week, producing a rental yield of 4.00%.

Supply & Demand in Newport, Hobsons Bay

0.75%

Current vacancy rate


44

Rental stock available


12,916

Population


25.26%

Rental population


0.86%

Current vacancy rate


370

Rental stock available


88,778

Population


26.21%

Rental population


0.94%

Current vacancy rate


29,256

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 $585,000
Median price change - last quarter 0.00% 0.00% 2.63%
Median price change - 1 year 9.09% 1.12% 9.34%
Median price change - 2 years 1.26% 0.00% 2.63%
  House Townhouses Units
Median weekly rent $650 $680 $450
Median yield % 2.81% 3.92% 4.00%
Median rent change - 1 year 0.00% 4.61% 4.65%
  House Units
Previous month sales 33 4
Stock on market previous month 108 20
Stock variance vs. last year 80.00% 0.00%
Average days on market 55 128

Newport investment property listings

Showing 5 of 137 investment properties found in Newport on realestateinvestar.com.au

104 Elizabeth St, NEWPORT

$1,050,000

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House

VIC 3015


2/462 Melbourne Rd, NEWPORT

$640,000

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Unit

VIC 3015


264 Melbourne Rd, NEWPORT

$1,050,000

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House

VIC 3015


30 Bunbury St, NEWPORT

$1,100,000

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House

VIC 3015


14 Port St, NEWPORT

$1,000,000

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VIC 3015


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