Suburb Profile Report for Newhaven VIC (3925)

Newhaven House: Median price $475,001, Annual capital growth 9.52%, Number of sales 10, Weekly median advertised rent $323

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Newhaven, 3925 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 10.47%

Taking the average capital gain, or increase in median house value, Newhaven,3925 has racked up an average of 10.47% over the period. This ranks it number 2302th in the whole country for real estate investors looking at median house price increases.

Newhaven is 315th on a list of best yielding suburbs for rents in VIC with a 3.53% return

Metrics i HOUSE UNIT
$475,001 N/A
7.34% N/A
10.47% N/A
9.52% N/A
$323 N/A
10 N/A
3.53% N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 384
Median household income ($/weekly) 866
Median age of persons 51
Median housing loan repayment ($/monthly) 1127
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 45 11.7
    45-54 years 53 13.7
    55-64 years 71 18.4
    65-74 years 46 11.9
    75-84 years 37 9.6
    Others 134 34.7
    Age Group
    Census Count Percent(%)
    Registered Married 151 52.8
    Not Married 111 38.8
    Defacto Relationship 24 8.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 315 86.1
    New Zealand 5 1.4
    Papua New Guinea 6 1.6
    United Kingdom 19 5.2
    Other 5 1.4
    Others 16 4.4
    Country of Birth
    Census Count Percent(%)
    Christianity 190 55.7
    No Religion 134 39.3
    Buddhism 14 4.1
    Hinduism 3 0.9
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 15 11.1
    $400-$599 26 19.3
    $600-$799 18 13.3
    $800-$999 18 13.3
    $1,500-$1,999 13 9.6
    Others 45 33.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 129 41.7
    Employed, worked full-time 98 31.7
    Employed, worked part-time 67 21.7
    Unemployed, looking for work 8 2.6
    Employed, away from work 7 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 29 16.9
    Professionals 30 17.4
    Technicians & trades workers 30 17.4
    Community & personal service workers 28 16.3
    Sales 18 10.5
    Others 37 21.5
    Occupation
    Census Count Percent(%)
    Secondary 34 48.6
    Infants/Primary 28 40.0
    Pre-school 4 5.7
    Technical or Further Educational Institution 4 5.7
    University or other Tertiary Institutions 0 0.0
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 309 86.6
    Semi-detached, row or terrace house, townhouse 22 6.2
    Flat, unit or apartment 12 3.4
    House or flat attached to a shop, office 10 2.8
    Caravan, cabin, houseboat 4 1.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 76 49.7
    Being purchased 40 26.1
    Rented 34 22.2
    Other tenure type 3 2.0
    Tenure Type
Census 2011, ABS
Chart Table
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