At number 1453th in the list of Australian suburbs ordered by increase in median house value over the last year, Newport, 3015 is in the top 40% with a property value increase of 10.63% recorded in median house prices.
Across a shorter period, Newport, 3015 has seen a median price increase of 3.01% over the last quarter.
Vendor discounting in Newport is giving property investors an average Vendor Discount of around -2.00%. This puts suburb at number 606th in VIC when ranking the most discounted suburbs.
With the median price for a house in Newport being $991000 and the advertised rent reaching $520 the gross rental yield for property investors calculates out to be 2.73%
Newport, 3015 ranked 66th in VIC when comparing growth in median property values or capital gain over the last 12 months. Newport is one of 2098 in our list for VIC
A 42.13% growth in median value for property investors in Newport,3015 puts this suburb at number 67th in terms of best performing suburbs in VIC
Vendor discounting in Newport is giving property investors an average Vendor Discount of around -8.06%. This puts suburb at number 15th in VIC when ranking the most discounted suburbs.
The VIC suburb of Newport, 3015 is in the Hobsons Bay local government area.