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Newborough

Suburb Profile

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

house
unit
NEWBOROUGH ranks 311th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 16.09% for the past year is higher than average compared to its 24.19% 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 $267,000, and the average rent at $285, this suggests property owners could potentially earn a 5.55% increase in gross rental yield.

Property investors have seen a 7.66% 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 16.09%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 4.53% growth over a ten-year period. It ranks 1812th 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 $267,000 $218,600
GROWTH REPORT
Median Quarterly 7.66% 7.16%
Median 12 month 16.09% 49.47%
Median 3 years 27.14% 32.48%
Median 5 years 24.19% 59.56%
10 years average annual 4.53% 3.22%
Weekly media advert. rent $285 $147.5
Time on Market 53.3 days 62.5 days
Gross Rental Yield Percent 5.55% 3.51%
demographics (median values)
Total Population
6585
Weekly Household Income
697.5
Household Size
2.40
demographics
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