Powered by MOMENTUM MEDIA
AREA REPORTS

Newtown

VIC/
Newtown

Suburb Profile

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

house
unit

Property investors have seen a -0.62% drop in NEWTOWN based on a decrease 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 $800,000

Profits averaged 8.17% 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 $420 based on current median home prices for the suburb.

The gross rental yield in NEWTOWN, 3220 is 2.73%.

An average of 15.75 real estate transactions take place per month in NEWTOWN which translates to 189 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $800,000 $396,250
GROWTH REPORT
Median Quarterly -0.62% -5.88%
Median 12 month 3.23% -4.52%
Median 3 years 24.51% 10.07%
Median 5 years 40.35% 17.06%
10 years average annual 7.18% 6.31%
Weekly media advert. rent $420 $330
Time on Market 42.0 days 61.0 days
Gross Rental Yield Percent 2.73% 4.33%
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

Subscribe to get the latest news and updates

Cameron Kusher

Stability paving the way for property market gains

The housing market’s continual strength cannot be discounted despite the national property market’s recent dive to its largest value lo...

NAB

297 loans land popular lender in hot water with the law

One of Australia's major banks is being sued for breaches of the law in relation to its loan referral program.  ...

Tall buildings

Another lender slashes its rates

Yet another lender has reduced variable and fixed rates across its owner-occupied and investment home loan products. ...

ATO

Random audits catching out property investors

One national network of tax advisers is warning that property investors have been caught out by random audits for avoidable mistakes in thei...

Westpac

Spate of lenders slash fixed rates for investors

Key Westpac subsidiaries have dropped their fixed rates by up to 140 basis points. ...

ASIC

Illegal scheme involving property, super sees director banned

The corporate regulator has banned a director from providing financial services or engaging in credit activities for eight years, after find...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.