VIC/
Newborough

Suburb Profile

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

house
unit
NEWBOROUGH ranks 263rd in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 6.38% for the past year is higher than average compared to its 15.38% growth within a five-year period.

Also in NEWBOROUGH, the median home price is sitting at $225,000, and the average rent at $262.5, this suggests property owners could potentially earn a 6.07% increase in gross rental yield.

Property investors have seen a 2.74% 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 3.93% growth over a ten-year period. It ranks 2140th on our list of suburbs that property investors should look into.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $225,000 $137,500
GROWTH REPORT
Median Quarterly 2.74% N/A
Median 12 month 6.38% -16.67%
Median 3 years 4.65% 2.42%
Median 5 years 15.38% -21.43%
10 years average annual 3.93% 1.34%
Weekly media advert. rent $262.5 $147.5
Time on Market 113.8 days 0.0 days
Gross Rental Yield Percent 6.07% 5.58%
demographics (median values)
Total Population
6585
Weekly Household Income
697.5
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