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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 5 of 56 investment properties found in Newcomb on realestateinvestar.com.au

16 Ferry Grove, Newcomb

$670,000

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Family Classic on 739m2 (Approx.)

This classic family home has been lovingly maintained, offering a move-in ready opportunity in an outstanding location. Set on a generous 739m² (approx.) allotment, this is a home you can enjoy from day one, with future potential to update, extend or develop (STCA) and add further value. ...

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House

VIC 3219


2/11 Pitman St, Newcomb

$549,000

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Modern Comfort in Convenient Lifestyle Setting

Featuring modern interiors, light-filled spaces and quality finishes, this thoughtfully designed home offers effortless living in a fantastic low-maintenance setting. Equipped with all your contemporary comforts, it offers exceptional value for those seeking easy living or a rewarding investment. ...

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Unit

VIC 3219


100 Bellarine Hwy, Newcomb

$789,000

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Modern Living, Prime Position

Step into a home that truly delivers on space, style and quality. This beautifully crafted five-bedroom Simonds ex-display home is perfectly positioned in one of Newcomb's most desirable pockets, offering a high-spec finish and a floorplan designed for real family living. From the moment you walk ...

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House

VIC 3219


40 Wilton Ave, Newcomb

$549,000

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A Prime Opportunity

Set on a generous 303m² (approx.) corner block, this property presents an excellent opportunity for renovators, developers, or investors in a highly sought-after location. The welcoming front entrance leads into a practical, free-flowing floorplan, where the spacious lounge connects seamlessly to ...

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House

VIC 3219


7 Myrtle Ave, Newcomb

$669,000

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Neat as pin home in Newcomb's most sought after position only mi

Situated on the fringe of East Geelong in one of Newcomb's most sought-after, tree-lined streets, this well-loved and meticulously maintained brick home is set on approximately 673m², making it ideal for family living or the perfect choice for investors looking for a smart addition to their ...

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House

VIC 3219


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