Newport

POSTAL CODE: QLD, 4020

HOUSE

UNIT

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,525,000.

The upward trend in home prices in NEWPORT, 4020 averaged 9.03% per annum over a 3-year period.

Average weekly rents on listings have reached the $800 mark, reflecting a 2.73% increase in returns based on the current median price in NEWPORT.

An average of 16.92 real estate transactions take place per month in NEWPORT which translates to 203 per annum.

203 properties were sold in NEWPORT in 2016, making it the 593rd most active market in QLD based on total real estate transactions.

NEWPORT, 4020 places 688th in Australia based on median property value growth during the quarter.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,410,000.

Average median unit prices in QLD have risen as a whole, pulling NEWPORT, 4020 values up and netting property investors a capital gain of 12.8% for the past year.

Investors saw the median home price rise to $1,410,000.

The upward trend in home prices in NEWPORT, 4020 averaged 0% per annum over a 3-year period.

NEWPORT now ranks at the 364th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in NEWPORT are low, as opposed to average gains per annum over the past five years.

Real estate investors could earn a rental income of $850 based on current median home prices for the suburb.

It is expected for properties to spend some time on the market prior to a successful sale. In NEWPORT, homes and units usually stay on listing for an average of 64.7 days.

23 properties were sold in NEWPORT in 2016, making it the 245th most active market in QLD based on total real estate transactions.

Surburb overview

Newport, Queensland 4020, is a scenic coastal suburb within the Moreton Bay Region, approximately 29 kilometres north of Brisbane’s central business district (CBD). Known for its canal-style living, many homes in Newport offer direct water access, making the suburb particularly attractive to boating enthusiasts and those seeking a waterfront lifestyle.

The suburb has a population of around 5,964 residents, with the predominant age group being 50-59. Newport has a robust real estate market, with a median property price of $1,290,000 for houses and $1,125,000 for units. Over the past 12 months, house prices in Newport have grown by 4.45%. The median weekly home rent is $740, yielding a rental return of 3.22% for houses and 3.94% for units, indicating solid rental demand.

Newport is well-serviced by amenities, including local parks, cafes, and shopping centres. The suburb is known for its relaxed lifestyle. It is a popular destination for families and retirees looking to enjoy the benefits of coastal living while remaining connected to the Brisbane metropolitan area.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,525,000	$1,410,000
Growth Report
Median Quarterly	1.67%	-1.4%
Median 12 month	15.09%	12.8%
Median 3 years	27.08%	0%
Median 5 years	148.98%	0%
10 years average annual	7.99%	15.92%
Weekly media advert. rent	$800	$850
Time on Market	68.3 days	64.7 days
Gross Rental Yield Percent	2.73%	3.13%

Demographics (Median Values)*

Total Population n.a.

Weekly Household Income n.a.

Household Size n.a.

Average Age n.a.

Monthly Loan Repayment n.a.

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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