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 | $400,000 | 0.0% | $325,000 | $840,000 | 5 |
| 2010 | $825,000 | +51.5% | $505,000 | $1,550,000 | 8 |
| 2011 | $525,000 | -57.1% | $455,000 | $820,000 | 5 |
| 2012 | $1,100,000 | +52.3% | $1,100,000 | $1,100,000 | 1 |
| 2013 | $680,000 | -61.8% | $543,000 | $1,515,000 | 8 |
| 2014 | $640,000 | -6.3% | $510,000 | $929,700 | 8 |
| 2015 | $645,000 | +0.8% | $428,000 | $1,600,000 | 12 |
| 2016 | $834,000 | +22.7% | $505,000 | $2,100,000 | 6 |
| 2017 | $772,000 | -8.0% | $545,000 | $1,500,000 | 11 |
| 2018 | $900,000 | +14.2% | $535,000 | $1,335,000 | 8 |
| 2019 | $1,020,000 | +11.8% | $850,000 | $1,350,000 | 3 |
| 2020 | $1,325,000 | +23.0% | $820,000 | $2,490,000 | 8 |
| 2021 | $1,370,000 | +3.3% | $1,120,000 | $3,650,000 | 10 |
| 2022 | $1,080,000 | -26.9% | $710,000 | $3,020,000 | 9 |
| 2023 | $1,390,000 | +22.3% | $968,000 | $2,850,000 | 5 |
| 2024 | $1,025,000 | -35.6% | $750,000 | $1,470,000 | 7 |
Median Sale Price
$1M
Based on 8 recorded sales within the last 12 months
Updated on 5 Nov 2024
Suburb Growth
-120.0%
Current Median Price: $1,000,000
Previous Median Price: $2,200,000
Based on 12 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 | $430 | 0.0% | $430 | $430 | 1 |
| 2012 | $450 | +4.4% | $450 | $450 | 1 |
| 2013 | $410 | -9.8% | $410 | $410 | 1 |
| 2014 | $400 | -2.5% | $300 | $525 | 5 |
| 2015 | $470 | +14.9% | $470 | $470 | 1 |
| 2016 | $450 | -4.4% | $320 | $630 | 4 |
| 2017 | $550 | +18.2% | $550 | $550 | 2 |
| 2018 | $480 | -14.6% | $480 | $480 | 1 |
| 2019 | $525 | +8.6% | $525 | $525 | 1 |
| 2020 | $360 | -45.8% | $340 | $900 | 3 |
| 2021 | $460 | +21.7% | $400 | $780 | 4 |
| 2022 | $570 | +19.3% | $500 | $570 | 2 |
| 2023 | $450 | -26.7% | $420 | $460 | 3 |
| 2024 | $700 | +35.7% | $470 | $810 | 3 |
Median Rent Price
$700
per week
Based on 3 recorded rent within the last 12 months
Updated on 5 Nov 2024
Rent Price Growth
+35.7%
Current Median Rent: $700
Previous Median Rent: $450
Based on 6 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.6%
Current Median Price: $1,000,000
Current Median rent: $700
Based on 11 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)
Auction Results For Newham
Houses sold in Last 12 months ends 2 Nov 2024
$1M
Median Sale Price
50%
Clearance Rate
1/2
Sold/Reported
$1M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1 M - $1.2 M (Median Price Range) | 1 | |
Similar Suburbs to Newham 3442
Based on median house sale price sold in last 12 months
Schools closest to Newham, VIC 3442
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Newham Primary School | 1271 ROCHFORD ROADNewham 3442 | Primary | Government | 0.23 km |