Powered by MOMENTUM MEDIA
smart property investment logo
Newborough
AREA REPORTS

Newborough

Newborough - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3825

house
unit
NEWBOROUGH ranks 125th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 21.31% for the past year is higher than average compared to its 64.63% growth within a five-year period.

Also in NEWBOROUGH, the median home price is sitting at $370,000, and the average rent at $340, this suggests property owners could potentially earn a 4.78% increase in gross rental yield.

Property investors have seen a 5.71% 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 21.31%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.28% growth over a ten-year period. It ranks 1288th on our list of suburbs that property investors should look into.

Data report can be found below

Newborough
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $370,000 $265,000
GROWTH REPORT
Median Quarterly 5.71% 3.11%
Median 12 month 21.31% 17.78%
Median 3 years 52.77% 73.06%
Median 5 years 64.63% 64.34%
10 years average annual 7.28% 14.11%
Weekly media advert. rent $340 $220
Time on Market 29.8 days 66.9 days
Gross Rental Yield Percent 4.78% 4.32%
demographics (median values)*
Total Population
20281
Weekly Household Income
910
Household Size
2.20
Age
44
Monthly Loan Repayment
1083
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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.