Suburb Profile Report for Newhaven VIC (3925)

Newhaven House: Median price $470,000, Annual capital growth 4.89%, Number of sales 13, Weekly median advertised rent $325

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

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House Report

Over the last year, property investments in Newhaven, 3925 have given investors a capital gain of -6.00%. This compares very badly with the 6.28% for VIC as a whole.

Taking the average capital gain, or increase in median house value, Newhaven,3925 has racked up an average of -6.00% over the period. This ranks it number 3709th in the whole country for real estate investors looking at median house price increases.

The most recent median price for Newhaven is $470000, with sellers offering an average of -3.40% off the asking price.

Residents and property investors in Newhaven have been waiting around 81.66 days to sell a property.

The VIC suburb of Newhaven, 3925 is in the Bass Coast (S) local government area.

Metrics	HOUSE	UNIT
Median price	$470,000	N/A
Quarterly growth	-9.62%	N/A
12-month growth	-6.00%	N/A
Average Annual Growth	4.89%	N/A
Weekly median advertised rent	$325	N/A
Number of sales	13	N/A
Gross rental yield	3.60%	N/A
Days on market	81.66	N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

Your estimated repayment
$1,900.54/monthDo you qualify?

Based on the median price for this suburb and an 80% LVR loan over 25 yrs with 3.59% interest rate.

DSR Score for property investment : Balanced (H), Good (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