Median Sale Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $183,000 | 0.0% | $70,000 | $372,000 | 66 |
| 2010 | $195,000 | +6.2% | $109,000 | $430,000 | 71 |
| 2011 | $194,000 | -0.5% | $85,000 | $417,000 | 78 |
| 2012 | $215,000 | +9.8% | $100,000 | $458,000 | 88 |
| 2013 | $215,000 | 0.0% | $66,000 | $910,000 | 121 |
| 2014 | $225,000 | +4.4% | $100,500 | $650,000 | 107 |
| 2015 | $210,000 | -7.1% | $99,500 | $780,000 | 124 |
| 2016 | $229,000 | +8.3% | $122,500 | $750,000 | 126 |
| 2017 | $226,750 | -1.0% | $17,000 | $1,250,000 | 143 |
| 2018 | $249,000 | +8.9% | $70,000 | $630,000 | 139 |
| 2019 | $250,550 | +0.6% | $120,000 | $675,000 | 128 |
| 2020 | $292,000 | +14.2% | $137,000 | $655,000 | 110 |
| 2021 | $383,500 | +23.9% | $172,500 | $760,000 | 122 |
| 2022 | $430,000 | +10.8% | $230,000 | $835,000 | 107 |
| 2023 | $420,000 | -2.4% | $165,000 | $640,000 | 107 |
| 2024 | $435,000 | +3.4% | $105,000 | $735,000 | 110 |
Median Sale Price
$435K
Based on 124 recorded sales within the last 12 months
Updated on 7 Nov 2024
Suburb Growth
+5.7%
Current Median Price: $435,000
Previous Median Price: $410,000
Based on 232 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $230 | 0.0% | $150 | $320 | 60 |
| 2012 | $235 | +2.1% | $140 | $380 | 68 |
| 2013 | $240 | +2.1% | $105 | $350 | 95 |
| 2014 | $230 | -4.3% | $150 | $400 | 77 |
| 2015 | $260 | +11.5% | $150 | $400 | 109 |
| 2016 | $260 | 0.0% | $115 | $450 | 119 |
| 2017 | $270 | +3.7% | $170 | $430 | 86 |
| 2018 | $280 | +3.6% | $110 | $450 | 62 |
| 2019 | $295 | +5.1% | $120 | $430 | 53 |
| 2020 | $295 | 0.0% | $130 | $420 | 52 |
| 2021 | $340 | +13.2% | $150 | $440 | 55 |
| 2022 | $380 | +10.5% | $170 | $500 | 67 |
| 2023 | $410 | +7.3% | $230 | $725 | 85 |
| 2024 | $450 | +8.9% | $295 | $600 | 32 |
Median Rent Price
$420
per week
Based on 50 recorded rent within the last 12 months
Updated on 7 Nov 2024
Rent Price Growth
+3.6%
Current Median Rent: $420
Previous Median Rent: $405
Based on 126 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5%
Current Median Price: $435,000
Current Median rent: $420
Based on 174 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)
Schools closest to Newborough, VIC 3825
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Immaculate Heart of Mary Primary School | 48 MONASH RDNewborough 3825 | Primary | Catholic | 0.39 km |
| Newborough East Primary School | 300 OLD SALE ROADNewborough 3825 | Primary | Government | 0.59 km |
| Newborough Primary School | MURRAY ROADNewborough 3825 | Primary | Government | 0.75 km |
| Lowanna College | 72-96 NEWARK AVENUENewborough 3825 | Secondary | Government | 0.99 km |