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Newtown

POSTAL CODE: VIC, 3220
HOUSE
UNIT

Property investors have seen a 3.72% gain in NEWTOWN based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains NEWTOWN, 3220 saw average growth in the long term.

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 $1,116,000

Profits averaged -4% per annum over a 3-year period, due to an downward trend in home prices in NEWTOWN, 3220.

This means, real estate investors could earn a rental income of $590 based on current median home prices for the suburb.

The gross rental yield in NEWTOWN, 3220 is 2.75%.

An average of 14.17 real estate transactions take place per month in NEWTOWN which translates to 170 per annum.

Surburb overview

Newtown is an inner-western suburb of Geelong in Victoria, located approximately 2 kilometres south-west of the Geelong central business district and about 75 kilometres south-west of Melbourne.

The suburb lies within the City of Greater Geelong and is positioned along the Barwon River, adjoining neighbouring suburbs such as Geelong West, Manifold Heights, and South Geelong.

According to recent census data, Newtown has a moderate to large population, with a demographic profile that includes professionals, families, and long-term residents, and a median age above the national average.

Housing in the suburb is characterised by a mix of heritage-listed homes, including Victorian and Edwardian properties, renovated dwellings, townhouses, and some modern developments.

The area is known for its established streetscapes and higher-value residential properties compared to many surrounding suburbs.

Road connectivity is supported by major routes, such as Pakington Street and Latrobe Terrace, which provide direct access to the Geelong CBD and surrounding areas.

Public transport options include bus services operating throughout the suburb, while nearby South Geelong railway station offers V/Line train services to Melbourne and regional centres.

Local amenities are centred on Pakington Street, which features a range of retail outlets, cafes, restaurants, and essential services, making it a key commercial hub for the area.

Educational facilities are a notable feature, including Newtown Primary School and Geelong College, with additional schooling options in neighbouring suburbs and access to tertiary institutions such as Deakin University.

Recreational opportunities include access to the Barwon River, walking and cycling trails, parks, reserves, and sporting facilities, including the nearby Kardinia Park precinct.

The suburb also provides convenient access to the Geelong waterfront and central city amenities.

Newtown maintains a well-established residential character and remains a sought-after area within the Geelong region due to its location, amenities, and built environment.

 

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