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 | $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 | $590,000 | 41 |
Median Sale Price
$429K
Based on 118 recorded sales within the last 12 months
Updated on 20 Apr 2024
Suburb Growth
+2.1%
Current Median Price: $429,000
Previous Median Price: $420,000
Based on 223 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 | $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 | $400 | -2.5% | $340 | $600 | 7 |
Median Rent Price
$420
per week
Based on 74 recorded rent within the last 12 months
Updated on 20 Apr 2024
Rent Price Growth
+7.1%
Current Median Rent: $420
Previous Median Rent: $390
Based on 132 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5.1%
Current Median Price: $429,000
Current Median rent: $420
Based on 192 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 Newborough
Houses sold in Last 12 months ends 13 Apr 2024
$495K
Median Sale Price
100%
Clearance Rate
8/8
Sold/Reported
$500K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $400 K - $600 K (Median Price Range) | 5 | |
| less than $400 K | 2 | |
Similar Suburbs to Newborough 3825
Based on median house sale price sold in last 12 months
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 |