Suburb Profile Report for Newhaven VIC (3925)

Newhaven House: Median price $470,000, Annual capital growth 21.14%, Number of sales 12, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report

Property value increases in Newhaven have tracked higher than the VIC average of 8.27% over the last 12 months.

Newhaven,3925 has offered an average of 14.63% return per annum in house price rises to property investors over the last three years.

Advertised rents are around the $300 mark per week – giving a return of 3.32% based on the median price in Suburb

Metrics i HOUSE UNIT
$470,000 N/A
9.30% N/A
14.63% N/A
21.14% N/A
$300 N/A
12 N/A
3.32% N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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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
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