Suburb Profile Report for Newport QLD (4020)

Newport House: Median price $900,000, Annual capital growth 4.49%, Number of sales 68, Weekly median advertised rent $663

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

Source: CoreLogic

  • House Report

At number 2433th in the list of Australian suburbs ordered by increase in median house value over the last year, Newport, 4020 is in the BOTTOM 50% with a property value increase of 2.97% recorded in median house prices.

When looking at the potential capital gains offered to property investors over the last 3 years, Newport comes in at number 214th in QLD.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.24% offered to property buyers. Sellers in Newport itself are offering an average vendor discount of -7.45% to real estate investors.

On average over the past year, suburb has had 5.67 sales per month, which equates to 68 per year.

A $662.5 per week rent on the median house gives suburb investors a gross yield of circa 3.83%, without taking into account capital value appreciation, which has been averaging out at 4.49%.

Metrics i HOUSE UNIT
$900,000 N/A
-1.53% N/A
2.97% N/A
4.49% N/A
$663 N/A
68 N/A
3.83% N/A
122.88 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Good (U)
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Demographics
Total population 3184
Median household income ($/weekly) 1847
Median age of persons 47
Median housing loan repayment ($/monthly) 2167
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 365 11.5
    35-44 years 369 11.6
    45-54 years 593 18.6
    55-64 years 591 18.6
    65-74 years 336 10.6
    Others 930 29.2
    Age Group
    Census Count Percent(%)
    Registered Married 1599 63.5
    Not Married 755 30.0
    Defacto Relationship 164 6.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2227 72.4
    Papua New Guinea 136 4.4
    South Africa 54 1.8
    United Kingdom 356 11.6
    Other 90 2.9
    Others 212 6.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 20 0.7
    Christianity 2405 81.6
    Hinduism 12 0.4
    Islam 15 0.5
    No Religion 487 16.5
    Others 8 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 87 8.9
    $1,500-$1,999 108 11.0
    $2,000-$2,499 102 10.4
    $2,500-$2,999 134 13.7
    $3,000-$3,499 89 9.1
    Others 460 46.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1033 39.4
    Not in the labour force 847 32.3
    Employed, worked part-time 574 21.9
    Employed, away from work 101 3.8
    Unemployed, looking for work 69 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 311 18.2
    Professionals 330 19.3
    Technicians & trades workers 222 13.0
    Clerical & administrative workers 285 16.7
    Sales 196 11.5
    Others 365 21.4
    Occupation
    Census Count Percent(%)
    Pre-school 26 3.8
    Infants/Primary 199 29.3
    Secondary 252 37.1
    Technical or Further Educational Institution 52 7.7
    University or other Tertiary Institutions 125 18.4
    Others 25 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2961 96.8
    Semi-detached, row or terrace house, townhouse 44 1.4
    Caravan, cabin, houseboat 44 1.4
    Flat, unit or apartment 11 0.4
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 521 46.6
    Being purchased 460 41.1
    Rented 127 11.4
    Other tenure type 10 0.9
    Tenure Type
Census 2011, ABS
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