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Investment Property Newport, NSW, 2106

Suburb Snapshot

Newport is a suburb in the Northern Beaches Region of New South Wales. Newport has a population of 9,302 people and 18.97% of its occupants live in rental accommodation. The median listing price for houses is $2,750,000 and this has changed 34.14% over the past year and changed 10.00% over 2 years.

The median rent in Newport for houses is $1,400 per week and the median rental yield is 2.64%. Stock on the market for houses/townhouses has changed 28.57% compared to last year and the average time to sell a house/townhouse is 75 days.The median listing price for units is $1,260,000 and this has changed -8.70% over the past year. The average unit takes 70 days to sell and the median rent for a unit in Newport is $750 per week, producing a rental yield of 3.09%.

Supply & Demand in Newport, Northern Beaches

0.79%

Current vacancy rate


33

Rental stock available


9,302

Population


18.97%

Rental population


0.91%

Current vacancy rate


1,001

Rental stock available


252,878

Population


23.60%

Rental population


1.02%

Current vacancy rate


37,155

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Newport, Northern Beaches

  House Townhouses Units
Median listing price $2,750,000 NA $1,260,000
Median price change - last quarter 5.70% NA -8.77%
Median price change - 1 year 34.14% NA -8.70%
Median price change - 2 years 10.00% NA 40.00%
  House Townhouses Units
Median weekly rent $1,400 $975 $750
Median yield % 2.64% NA 3.09%
Median rent change - 1 year 3.70% -2.50% 7.91%
  House Units
Previous month sales 10 7
Stock on market previous month 36 25
Stock variance vs. last year 28.57% 31.58%
Average days on market 75 70

Newport investment property listings

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