Median Sale Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $541,000 | 0.0% | $1,000 | $1,280,000 | 159 |
| 2010 | $655,000 | +17.4% | $375,000 | $2,600,000 | 249 |
| 2011 | $660,000 | +0.8% | $165,000 | $1,600,000 | 208 |
| 2012 | $625,000 | -5.6% | $332,500 | $3,276,000 | 189 |
| 2013 | $698,000 | +10.5% | $264,000 | $3,000,000 | 306 |
| 2014 | $720,000 | +3.1% | $285,000 | $1,700,000 | 260 |
| 2015 | $806,000 | +10.7% | $325,000 | $1,960,000 | 244 |
| 2016 | $930,000 | +13.3% | $602,000 | $3,600,000 | 171 |
| 2017 | $1,115,000 | +16.6% | $600,000 | $2,337,000 | 170 |
| 2018 | $1,055,000 | -5.7% | $625,000 | $2,510,000 | 137 |
| 2019 | $1,055,000 | 0.0% | $590,000 | $2,825,000 | 189 |
| 2020 | $1,100,000 | +4.1% | $305,000 | $2,150,000 | 119 |
| 2021 | $1,275,000 | +13.7% | $335,000 | $4,325,000 | 210 |
| 2022 | $1,280,000 | +0.4% | $262,000 | $2,675,000 | 160 |
| 2023 | $1,230,000 | -4.1% | $582,000 | $2,300,000 | 148 |
| 2024 | $1,200,000 | -2.5% | $610,000 | $2,720,000 | 166 |
Median Sale Price
$1.2M
Based on 166 recorded sales within the last 12 months
Updated on 22 Dec 2024
Suburb Growth
-2.5%
Current Median Price: $1,200,000
Previous Median Price: $1,230,000
Based on 315 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2024)
Price Range Segments (12 months ending Nov 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $420 | 0.0% | $200 | $950 | 165 |
| 2012 | $414 | -1.4% | $175 | $999 | 204 |
| 2013 | $440 | +5.9% | $200 | $990 | 223 |
| 2014 | $470 | +6.4% | $160 | $810 | 222 |
| 2015 | $475 | +1.1% | $245 | $1,500 | 288 |
| 2016 | $500 | +5.0% | $275 | $1,100 | 240 |
| 2017 | $520 | +3.8% | $280 | $1,000 | 227 |
| 2018 | $520 | 0.0% | $140 | $1,000 | 219 |
| 2019 | $575 | +9.6% | $275 | $1,450 | 249 |
| 2020 | $550 | -4.5% | $330 | $1,000 | 224 |
| 2021 | $555 | +0.9% | $330 | $3,000 | 205 |
| 2022 | $590 | +5.9% | $330 | $1,200 | 213 |
| 2023 | $650 | +9.2% | $300 | $1,000 | 178 |
| 2024 | $715 | +9.1% | $310 | $1,500 | 158 |
Median Rent Price
$710
per week
Based on 159 recorded rent within the last 12 months
Updated on 22 Dec 2024
Rent Price Growth
+8.5%
Current Median Rent: $710
Previous Median Rent: $650
Based on 338 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.1%
Current Median Price: $1,200,000
Current Median rent: $710
Based on 325 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)
Auction Results For Newport
Houses sold in Last 12 months ends 21 Dec 2024
$1.17M
Median Sale Price
65%
Clearance Rate
70/109
Sold/Reported
$2.17M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 3 | |
| $1.8 M - $2 M | 3 | |
| $1.6 M - $1.8 M | 3 | |
| $1.4 M - $1.6 M | 7 | |
| $1.2 M - $1.4 M | 9 | |
| $1 M - $1.2 M (Median Price Range) | 13 | |
| $800 K - $1 M | 15 | |
| $600 K - $800 K | 3 | |
Similar Suburbs to Newport 3015
Based on median house sale price sold in last 12 months
Schools closest to Newport, VIC 3015
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Sacred Heart School | 4 NEWCASTLE STNewport 3015 | Primary | Catholic | 0.24 km |
| Newport Lakes Primary School | ELIZABETH STREETNewport 3015 | Primary | Government | 0.64 km |
| Spotswood Primary School | MELBOURNE ROADSpotswood 3015 | Primary | Government | 1.31 km |
| Westbourne Grammar School | 67 THE STRANDNewport 3015 | Primary | Independent | 1.34 km |
| Newport Gardens Primary School | CNR WOODS ST & MADDOX RDNewport 3015 | Primary | Government | 1.26 km |
| St Margaret Mary's School | 181 HUDSONS RDSpotswood 3015 | Primary | Catholic | 1.55 km |
| Williamstown North Primary School | 133 MELBOURNE ROADWilliamstown 3016 | Primary | Government | 1.68 km |