Suburb Profile Report for Newtown VIC (3220)

Newtown House: Median price $785,000, Annual capital growth 3.56%, Number of sales 197, Weekly median advertised rent $400

Newtown Unit: Median price $410,000, Annual capital growth 7.18%, Number of sales 51, Weekly median advertised rent $320

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

Newtown, 3220 ranked 568th in VIC when comparing growth in median property values or capital gain over the last 12 months. Newtown is one of 2098 in our list for VIC

Over the longer term, Newtown has seen property prices show investors a 13.77% return over the last 3 years. This is worse than over the last 12 months

Newtown, 3220 is offering VIC ‘s 321th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.

In the last year 197 properties changed hands in Newtown, which puts it as the 106th most active market in VIC when comparing the number of sales per suburb.

Giving property investors a an average capital gain of 0.61% for the last year, Newtown, 3220 is the 970th highest performer in Australia in this respect.

The five-year average increase in median property values for Newtown,3220 has given property investors a potential capital gain of 14.37% across each of those five years.

Newtown, 3220 is offering VIC ‘s 164th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.

Often selling an investment property can take time, and in Newtown the average time real estate has been on the market is 82.16 days.

Metrics i HOUSE UNIT
$785,000 $410,000
N/A -1.20%
0.64% 0.61%
3.56% 7.18%
$400 $320
197 51
2.65% 4.06%
62.99 82.16

Source: CoreLogic

DSR Score for property investment : Good (H), Very good (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