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Newlands Arm
AREA REPORTS

Newlands Arm

Newlands Arm - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3875

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Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $590,000.

The upward trend in home prices in NEWLANDS ARM, 3875 averaged 19.5% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in NEWLANDS ARM.

An average of 1.5 real estate transactions take place per month in NEWLANDS ARM which translates to 18 per annum.

18 properties were sold in NEWLANDS ARM in 2016, making it the 533rd most active market in VIC based on total real estate transactions.

NEWLANDS ARM, 3875 places 133rd in Australia based on median property value growth during the quarter.

Data report can be found below

Newlands Arm
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $590,000 N/A
GROWTH REPORT
Median Quarterly 7.47% N/A
Median 12 month 19.19% N/A
Median 3 years 58.5% N/A
Median 5 years 57.33% N/A
10 years average annual 5.31% N/A
Weekly media advert. rent N/A N/A
Time on Market 53.0 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
18625
Weekly Household Income
1026
Household Size
2.30
Age
45
Monthly Loan Repayment
1300
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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