Newport, VIC 3015

Newport, VIC 3015

Compare Part of Hobsons Bay

7.72 km
Distance from CBD
15 k
Population

Auction Times

Sat 8 Oct
Auction Time Agency
6/45 Oxford Street
1 1 1 Unit
10:00 AM
Sat 8th Oct
Biggin & Scott
G7/6 Paine Street
2 2 1 Unit
12:30 PM
Sat 8th Oct
Hocking Stuart
Sat 15 Oct
Auction Time Agency
46 Wilkins Street
2 1 0 House
9:30 AM
Sat 15th Oct
Williams Real Estate
38 Wilkins Street
3 2 0 House
10:30 AM
Sat 15th Oct
Williams Real Estate
70A Junction Street
3 2 3 House
10:30 AM
Sat 15th Oct
Williams Real Estate
17 Durkin Street
3 2 1 House
11:00 AM
Sat 15th Oct
Jas H Stephens Real Estate
12 Farm Street
4 2 4 House
11:00 AM
Sat 15th Oct
One Village Pty Ltd
26 Ford Street
3 1 1 House
12:30 PM
Sat 15th Oct
Greg Hocking Elly Partners
Median Sale Price
House
$1.28M
Updated on Aug 2022
2 BR
$1.05M
3 BR
$1.25M
4 BR
$1.55M
Unit
$748K
Updated on Aug 2022
1 BR
$355K
2 BR
$650K
3 BR
$869K
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
$1,290,000
+1.2% $262,000 $2,675,000 122
Median Sale Price
$1.28M
Based on 195 recorded sales within the last 12 months
Updated on 3 Oct 2022
Suburb Growth
+6.4%
Current Median Price: $1,282,000
Previous Median Price: $1,200,000
Based on 368 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Sep 2022)
Price Range Segments (12 months ending Sep 2022)
Median Weekly Rent Price
House
$560
Updated on Aug 2022
2 BR
$450
3 BR
$570
4 BR
$720
Unit
$460
Updated on Aug 2022
1 BR
$300
2 BR
$410
3 BR
$550
4 BR
$695
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
$470
0.0% $245 $1,500 288
2016
$500
+6.0% $275 $1,100 240
2017
$520
+3.8% $280 $1,000 227
2018
$520
0.0% $140 $1,000 219
2019
$570
+8.8% $275 $1,450 249
2020
$540
-5.6% $330 $1,000 223
2021
$550
+1.8% $330 $3,000 204
2022
$580
+5.2% $330 $1,100 149
Median Rent Price
$565
per week
Based on 195 recorded rent within the last 12 months
Updated on 3 Oct 2022
Rent Price Growth
+2.7%
Current Median Rent: $565
Previous Median Rent: $550
Based on 405 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.3%
Current Median Price: $1,282,000
Current Median rent: $565
Based on 390 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Sep 2022)

Auction Results For Newport

Houses sold in Last 12 months ends 1 Oct 2022

$1.28M

Median Sale Price

88%

Clearance Rate

153/174

Sold/Reported

$2.4M

Highest Sale Price

Sold Price Range No. of Sold Properties
$2 M - $3 M 7
$1.8 M - $2 M 6
$1.6 M - $1.8 M 16
$1.4 M - $1.6 M 17
$1.2 M - $1.4 M
(Median Price Range)
37
$1 M - $1.2 M 37
$800 K - $1 M 22
$600 K - $800 K 1
less than $400 K 1

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