Suburb Profile Report for Newhaven VIC (3925)

Newhaven House: Median price $510,000, Annual capital growth 7.64%, Number of sales 12, Weekly median advertised rent N/A

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 6.81%

Across a shorter period, Newhaven, 3925 has seen a median price increase of 6.25% over the last quarter.

Metrics	HOUSE	UNIT
Median price	$510,000	N/A
Quarterly growth	6.25%	N/A
12-month growth	6.81%	N/A
Average Annual Growth	7.64%	N/A
Weekly median advertised rent	N/A	N/A
Number of sales	12	N/A
Gross rental yield	N/A	N/A
Days on market	N/A	N/A

Source: CoreLogic

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