Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year | Median | Growth | Low | High | # Sales |
---|---|---|---|---|---|
2009 | $242,000 | 0.0% | $192,500 | $601,680 | 12 |
2010 | $295,000 | +18.0% | $183,000 | $815,000 | 24 |
2011 | $288,000 | -2.4% | $215,000 | $650,000 | 27 |
2012 | $350,000 | +17.7% | $227,500 | $600,000 | 32 |
2013 | $338,000 | -3.6% | $252,000 | $1,110,000 | 33 |
2014 | $346,600 | +2.5% | $218,000 | $895,000 | 33 |
2015 | $340,000 | -1.9% | $219,000 | $595,000 | 26 |
2016 | $360,000 | +5.6% | $151,551 | $751,500 | 29 |
2017 | $430,000 | +16.3% | $174,000 | $1,600,000 | 39 |
2018 | $467,000 | +7.9% | $310,000 | $1,315,000 | 38 |
2019 | $481,000 | +2.9% | $367,000 | $1,625,000 | 32 |
2020 | $665,000 | +27.7% | $475,000 | $1,975,000 | 18 |
2021 | $720,000 | +7.6% | $310,000 | $2,460,000 | 37 |
2022 | $665,000 | -8.3% | $515,000 | $2,000,000 | 26 |
2023 | $680,000 | +2.2% | $380,000 | $1,800,000 | 33 |
2024 | $610,000 | -11.5% | $475,000 | $1,125,000 | 10 |
Median Sale Price
$640K
Based on 35 recorded sales within the last 12 months
Updated on 30 Apr 2024
Suburb Growth
-14.8%
Current Median Price: $640,000
Previous Median Price: $735,000
Based on 56 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year | Median | Growth | Low | High | # Rents |
---|---|---|---|---|---|
2011 | $270 | 0.0% | $220 | $320 | 12 |
2012 | $280 | +3.6% | $205 | $400 | 14 |
2013 | $290 | +3.4% | $195 | $480 | 30 |
2014 | $290 | 0.0% | $200 | $370 | 33 |
2015 | $280 | -3.6% | $170 | $450 | 49 |
2016 | $300 | +6.7% | $220 | $450 | 39 |
2017 | $290 | -3.4% | $190 | $450 | 39 |
2018 | $320 | +9.4% | $240 | $465 | 42 |
2019 | $350 | +8.6% | $260 | $900 | 44 |
2020 | $340 | -2.9% | $270 | $450 | 45 |
2021 | $350 | +2.9% | $240 | $640 | 52 |
2022 | $385 | +9.1% | $260 | $550 | 46 |
2023 | $380 | -1.3% | $280 | $485 | 49 |
2024 | $430 | +11.6% | $360 | $480 | 7 |
Median Rent Price
$390
per week
Based on 40 recorded rent within the last 12 months
Updated on 30 Apr 2024
Rent Price Growth
+2.6%
Current Median Rent: $390
Previous Median Rent: $380
Based on 92 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.2%
Current Median Price: $640,000
Current Median rent: $390
Based on 75 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Newington
Houses sold in Last 12 months ends 27 Apr 2024
$950K
Median Sale Price
25%
Clearance Rate
1/4
Sold/Reported
$950K
Highest Sale Price
Sold Price Range | No. of Sold Properties | |
---|---|---|
$800 K - $1 M (Median Price Range) | 1 | |
Similar Suburbs to Newington 3350
Based on median house sale price sold in last 12 months
Schools closest to Newington, VIC 3350
School name | Address | Type | Sector | Distance |
---|---|---|---|---|
Urquhart Park Primary School | 49 INKERMAN STREETBallarat 3350 | Primary | Government | 0.13 km |
St Patrick's College | 1431 STURT STBallarat 3350 | Secondary | Catholic | 0.74 km |
St Aloysius' School | 800 RIPON ST SOUTHRedan 3350 | Primary | Catholic | 1.22 km |
Pleasant Street Primary School ( Ballarat) | 101 PLEASANT ST NORTHLake Wendouree 3350 | Primary | Government | 1.37 km |
Loreto College | 1600 STURT STBallarat 3350 | Secondary | Catholic | 1.44 km |
St Patrick's Primary School | 119 DRUMMOND ST STHBallarat 3350 | Primary | Catholic | 1.39 km |
Phoenix P-12 Community College | HERTFORD STREETSebastopol 3356 | Combined | Government | 1.95 km |
Phoenix P-12 Community College Primary Campus | Sebastopol 3356 | Combined | Government | 2.04 km |
Lumen Christi Primary School | 111 WHITELAW AVEDelacombe 3356 | Primary | Catholic | 1.95 km |
Ballarat High School | STURT STREET WESTBallarat 3350 | Secondary | Government | 1.99 km |