Powered by MOMENTUM MEDIA
AREA REPORTS

Newborough

Newborough - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3825

house
unit
NEWBOROUGH ranks 167th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 20.07% for the past year is higher than average compared to its 38.58% growth within a five-year period.

This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.

Also in NEWBOROUGH, the median home price is sitting at $303,500, and the average rent at $290, this suggests property owners could potentially earn a 4.97% increase in gross rental yield.

Property investors have seen a 10.36% gain in NEWBOROUGH based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on NEWBOROUGH, 3825 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 20.07%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 4.26% growth over a ten-year period. It ranks 1956th on our list of suburbs that property investors should look into.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $303,500 $230,000
GROWTH REPORT
Median Quarterly 10.36% -4.17%
Median 12 month 20.07% 13.02%
Median 3 years 37.95% 50.33%
Median 5 years 38.58% 36.9%
10 years average annual 4.26% 13.98%
Weekly media advert. rent $290 $192.5
Time on Market 39.5 days 60.0 days
Gross Rental Yield Percent 4.97% 4.35%
demographics (median values)
Total Population
6585
Weekly Household Income
697.5
Household Size
2.40
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

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