Suburb Profile Report for Newport NSW (2106)

Newport House: Median price $1,892,500, Annual capital growth 7.21%, Number of sales 127, Weekly median advertised rent $1,000

Newport Unit: Median price $860,000, Annual capital growth 6.30%, Number of sales 95, Weekly median advertised rent $575

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Newport, 2106 ranked 265th in NSW when comparing growth in median property values or capital gain over the last 12 months. Newport is one of 3163 in our list for NSW

The five-year average increase in median property values for Newport,2106 has given property investors a potential capital gain of 86.00% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Newport is offering property investors an average of -5.28. This rate of discount on properties puts Suburb at number 150th in terms of most discounted suburbs in NSW

Often selling an investment property can take time, and in Newport the average time real estate has been on the market is 64.55 days.

Situated 25.32km from the CBD, Newport is one of Pittwater localities in the postcode 2106.

Newport is in the TOP 20% in NSW when comparing median price capital growth over the last year. Newport gave property investors a very good capital gain figure when compared to the rest of the state, with 21.55%.

Newport,2106 was ranked 1322 in Australia by increase in median property value over the quarter.

Property buyers and investors in Newport 2106 should be seeing an average reduction in asking price of around -5.11% . This means that Newport is holding prices well when compared to other suburbs in NSW.

Metrics i HOUSE UNIT
$1,892,500 $860,000
4.13% -1.43%
18.28% 21.55%
7.21% 6.30%
$1,000 $575
127 95
2.75% 3.48%
64.55 32.8

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 9036
Median household income ($/weekly) 1778
Median age of persons 40
Median housing loan repayment ($/monthly) 2850
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 1133 12.5
    25-34 years 901 10.0
    35-44 years 1270 14.1
    45-54 years 1491 16.5
    55-64 years 1249 13.8
    Others 2993 33.1
    Age Group
    Census Count Percent(%)
    Registered Married 3453 52.0
    Not Married 2486 37.4
    Defacto Relationship 702 10.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 6606 77.4
    Papua New Guinea 172 2.0
    South Africa 114 1.3
    United Kingdom 770 9.0
    Other 283 3.3
    Others 591 6.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 136 1.7
    Christianity 5477 67.1
    Judaism 43 0.5
    Other Religious Groups 57 0.7
    No Religion 2406 29.5
    Others 42 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 356 12.4
    $2,000-$2,499 285 10.0
    $2,500-$2,999 392 13.7
    $3,000-$3,499 239 8.3
    $4,000 or more 232 8.1
    Others 1359 47.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2837 41.1
    Not in the labour force 1946 28.2
    Employed, worked part-time 1660 24.0
    Employed, away from work 290 4.2
    Unemployed, looking for work 170 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 868 18.1
    Professionals 1251 26.1
    Technicians & trades workers 671 14.0
    Community & personal service workers 451 9.4
    Clerical & administrative workers 677 14.1
    Others 872 18.2
    Occupation
    Census Count Percent(%)
    Pre-school 197 9.2
    Infants/Primary 714 33.2
    Secondary 602 28.0
    Technical or Further Educational Institution 205 9.5
    University or other Tertiary Institutions 373 17.3
    Others 60 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5388 64.2
    Flat, unit or apartment 1677 20.0
    Semi-detached, row or terrace house, townhouse 1314 15.6
    House or flat attached to a shop, office 13 0.2
    Caravan, cabin, houseboat 6 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1219 37.9
    Fully owned 1170 36.3
    Rented 817 25.4
    Other tenure type 14 0.4
    Tenure Type
Census 2011, ABS
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