AREA REPORTS

Newtown

VIC/
Newtown

Suburb Profile

Newtown - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3220

house
unit

The VIC 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 $790,000

Profits averaged 4.83% per annum over a 3-year period, due to an upward trend in home prices in NEWTOWN, 3220.

This means, real estate investors could earn a rental income of $400 based on current median home prices for the suburb.

The gross rental yield in NEWTOWN, 3220 is 2.63%.

An average of 17.25 real estate transactions take place per month in NEWTOWN which translates to 207 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $790,000 $405,000
GROWTH REPORT
Median Quarterly N/A -2.41%
Median 12 month 1.28% -0.61%
Median 3 years 14.49% 17.39%
Median 5 years 24.65% 12.97%
10 years average annual 3.62% 7.06%
Weekly media advert. rent $400 $320
Time on Market 65.1 days 82.1 days
Gross Rental Yield Percent 2.63% 4.11%
demographics (median values)
Total Population
9577
Weekly Household Income
1060
Household Size
2.40
demographics
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