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Newcomb

POSTAL CODE: VIC, 3219
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NEWCOMB, 3219 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in VIC have risen as a whole, pulling NEWCOMB, 3219 values up and netting property investors a capital gain of 10.14% for the past year.

Investors saw the median home price rise to $605,750.

Profits due to an upward trend in home prices in the suburb averaged 0.6% per annum over a 3-year period.

NEWCOMB now ranks at the 248th 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 NEWCOMB are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $480 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In NEWCOMB, homes and units usually stay on listing for an average of 63.5 days.

In 2016, 110 properties were sold in NEWCOMB during the past year, making it the 695th most active market in VIC based on total real estate transactions.

Surburb overview

Newcomb is an established suburb of Geelong in Victoria, located approximately 4 kilometres east of the Geelong central business district and about 75 kilometres south-west of Melbourne.

The suburb is within the City of Greater Geelong and forms part of the eastern residential corridor connecting central Geelong with the Bellarine Peninsula.

According to recent census data, Newcomb has a moderate population, with a demographic profile that includes families, older residents, and a growing number of first home buyers, and a median age close to the national average.

Housing in the suburb is predominantly detached dwellings, many built during the mid-20th century, alongside renovated homes, unit developments, and some newer infill housing.

The suburb has undergone gradual change, with increasing redevelopment and investment contributing to a more diverse housing mix.

Road connectivity is supported by major routes such as Bellarine Highway and Boundary Road, providing direct access to the Geelong CBD and coastal areas along the Bellarine Peninsula.

Public transport options include bus services operating throughout Newcomb, linking residents to central Geelong, neighbouring suburbs, and key commercial areas.

Local amenities are centred around neighbourhood shopping precincts, including supermarkets, retail stores, and essential services, while larger retail centres are accessible in nearby suburbs such as Leopold and central Geelong.

Educational facilities in Newcomb include primary and secondary schools within the suburb, with additional options in surrounding areas and access to tertiary institutions such as Deakin University in Geelong.

Recreational opportunities include local parks, reserves, and sporting facilities, as well as proximity to the Barwon River and Corio Bay for outdoor activities.

The suburb’s location also provides convenient access to coastal destinations and regional attractions along the Bellarine Peninsula.

Newcomb continues to function as a key residential suburb within eastern Geelong, supported by established infrastructure, accessibility, and proximity to both urban and coastal amenities.

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