Powered by MOMENTUM MEDIA
AREA REPORTS

Newborough

Suburb Profile

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

house
unit
NEWBOROUGH ranks 330th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 15.65% for the past year is higher than average compared to its 23.01% 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 $266,000, and the average rent at $285, this suggests property owners could potentially earn a 5.57% increase in gross rental yield.

Property investors have seen a 6.85% 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 15.65%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 4.42% growth over a ten-year period. It ranks 1864th 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 $266,000 $214,300
GROWTH REPORT
Median Quarterly 6.85% -2.59%
Median 12 month 15.65% 46.53%
Median 3 years 26.67% 46.28%
Median 5 years 23.01% 61.74%
10 years average annual 4.42% 6.2%
Weekly media advert. rent $285 $145
Time on Market 52.9 days 58.7 days
Gross Rental Yield Percent 5.57% 3.52%
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

Subscribe to get the latest news and updates

Regional property

Is it time to invest regionally?

Despite much of the real estate focus being on Sydney and Melbourne, regional Australia is performing just as well, a property researcher ha...

Green property

How future estates can be green

As Australians continue to worry about their impact on the planet, the need for houses that match consumers’ eco-friendly desires grows, a...

keeping the peace in a strata community

Tips for keeping the peace in a strata community

With a long weekend looming, communication of “house rules” can help keep the peace and prevent bad behaviour in strata communities, a ...

House versus Apartments units

House v units: What trends does 2020 bring for property investment?

Last year, Australia’s property markets had a roller-coaster ride, with continued record-low interest rate and faster than expected market...

Suburbs

Housing remains ‘severely unaffordable’ despite correction

The recent downturn in the property market has not been enough to ease affordability pressures, with Australia’s housing remaining among t...

Melbourne

Records smashed across Victorian metro and regional markets

Metropolitan house values surpassed $850,000 for the first time in Victoria across the December 2019 quarter. ...

Website Notifications

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