Newborough, VIC 3825

Newborough, VIC 3825

Compare Part of Latrobe

123.19 km
Distance from CBD
20 k
Population
Median Sale Price
House
-
Updated on Apr 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Apr 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
$194,000
+5.7% $109,000 $430,000 70
2011
$194,000
0.0% $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
$440,000
+4.5% $105,000 $735,000 65
Median Sale Price
$440K
Based on 120 recorded sales within the last 12 months
Updated on 29 Jun 2024
Suburb Growth
+5.7%
Current Median Price: $440,000
Previous Median Price: $415,000
Based on 219 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2024)
Price Range Segments (12 months ending May 2024)
Median Weekly Rent Price
House
-
Updated on Apr 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Apr 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 84
2024
$450
+8.9% $295 $600 19
Median Rent Price
$430
per week
Based on 70 recorded rent within the last 12 months
Updated on 29 Jun 2024
Rent Price Growth
+7.0%
Current Median Rent: $430
Previous Median Rent: $400
Based on 134 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.1%
Current Median Price: $440,000
Current Median rent: $430
Based on 190 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2024)

Auction Results For Newborough

Houses sold in Last 12 months ends 22 Jun 2024

$0M

Median Sale Price

100%

Clearance Rate

1/1

Sold/Reported

$0M

Highest Sale Price

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