VIC/
Newborough

Suburb Profile

Newborough - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3825

house
NEWBOROUGH ranks 313th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 9.52% for the past year is higher than average compared to its 12.2% growth within a five-year period.

Also in NEWBOROUGH, the median home price is sitting at $230,000, and the average rent at $267.5, this suggests property owners could potentially earn a 6.05% increase in gross rental yield.

Property investors have seen a 2.22% gain in NEWBOROUGH based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 3.8% growth over a ten-year period. It ranks 2168th on our list of suburbs that property investors should look into.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $230,000 N/A
GROWTH REPORT
Median Quarterly 2.22% N/A
Median 12 month 9.52% N/A
Median 3 years 4.43% N/A
Median 5 years 12.2% N/A
10 years average annual 3.8% N/A
Weekly media advert. rent $267.5 N/A
Time on Market 107.0 days N/A
Gross Rental Yield Percent 6.05% N/A
demographics (median values)
Total Population
6585
Weekly Household Income
697.5
Household Size
2.40
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