Suburb Profile Report for Newtown VIC (3220)

Newtown House: Median price $688,500, Annual capital growth 7.29%, Number of sales 215, Weekly median advertised rent $390

Newtown Unit: Median price $420,000, Annual capital growth 7.86%, Number of sales 71, Weekly median advertised rent $295

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

Source: CoreLogic

  • House Report
  • Unit Report

Newtown is an average performer in VIC when comparing median price capital growth over the last year. Newtown gave property investors a average capital gain figure when compared to the rest of the state, with 9.07%.

While Newtown,3220 ranked number 368th in VIC for increase in median house value (annualised) increase, it is ranked 284th over the last 5 years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Newtown, 3220. Typically our figures indicate that -6.69% is being offered, which puts this VIC suburb at 1443th most discounted overall in Australia.

Advertised rents are around the $390 mark per week – giving a return of 2.95% based on the median price in Suburb

Newtown is in the TOP 10% in VIC when comparing median price capital growth over the last year. Newtown gave property investors a very good capital gain figure when compared to the rest of the state, with 19.40%.

Newtown,3220 has offered an average of 19.40% return per annum in house price rises to property investors over the last three years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Newtown, 3220. Typically our figures indicate that -6.44% is being offered, which puts this VIC suburb at 372th most discounted overall in Australia.

Newtown is 268th on a list of best yielding suburbs for rents in VIC with a 3.65% return

HOUSE UNIT
$688,500 $420,000
2.00% 0.00%
9.07% 19.40%
7.29% 7.86%
$390 $295
215 71
2.95% 3.65%
90.91 91.95

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 9681
Median household income ($/weekly) 1328
Median age of persons 40
Median housing loan repayment ($/monthly) 1800
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1353 14.0
    25-34 years 968 10.0
    35-44 years 1353 14.0
    45-54 years 1531 15.8
    55-64 years 1186 12.3
    Others 3290 34.0
    Age Group
    Census Count Percent(%)
    Registered Married 3672 52.1
    Not Married 2872 40.7
    Defacto Relationship 508 7.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 8089 86.6
    Greece 69 0.7
    Papua New Guinea 83 0.9
    United Kingdom 373 4.0
    Other 166 1.8
    Others 560 6.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 94 1.0
    Christianity 6389 71.1
    Islam 43 0.5
    Other Religious Groups 49 0.5
    No Religion 2367 26.4
    Others 40 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 332 9.9
    $600-$799 303 9.0
    $800-$999 295 8.8
    $1,500-$1,999 402 11.9
    $2,500-$2,999 356 10.6
    Others 1678 49.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2837 37.9
    Not in the labour force 2487 33.2
    Employed, worked part-time 1668 22.3
    Employed, away from work 277 3.7
    Unemployed, looking for work 212 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 712 14.9
    Professionals 1505 31.5
    Technicians & trades workers 531 11.1
    Clerical & administrative workers 586 12.3
    Sales 468 9.8
    Others 979 20.5
    Occupation
    Census Count Percent(%)
    Pre-school 206 7.8
    Infants/Primary 875 33.0
    Secondary 791 29.8
    Technical or Further Educational Institution 181 6.8
    University or other Tertiary Institutions 531 20.0
    Others 66 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7678 85.0
    Flat, unit or apartment 686 7.6
    Semi-detached, row or terrace house, townhouse 649 7.2
    House or flat attached to a shop, office 21 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1451 39.2
    Being purchased 1161 31.4
    Rented 1061 28.7
    Other tenure type 30 0.8
    Tenure Type
Census 2011, ABS
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Recent sales & rentals