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 $720,000

Profits averaged 2.84% 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 2.89%.

An average of 17.92 real estate transactions take place per month in NEWTOWN which translates to 215 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $720,000 $397,000
GROWTH REPORT
Median Quarterly N/A -3.17%
Median 12 month 4.35% -4.91%
Median 3 years 8.52% 28.27%
Median 5 years 14.29% 31.02%
10 years average annual 3.47% 5.33%
Weekly media advert. rent $400 $310
Time on Market 82.9 days 69.6 days
Gross Rental Yield Percent 2.89% 4.06%
demographics (median values)
Total Population
9577
Weekly Household Income
1060
Household Size
2.40
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type
promoted stories