Newport, VIC 3015

Newport, VIC 3015

Compare Part of Hobsons Bay

7.72 km
Distance from CBD
15 k
Population

Auction Times

Sat 4 Apr
Auction Time Agency
12/42 Percy Street
1 1 1 Apartment
11:00 AM
Sat 4th Apr
Sweeney Estate Agents
10 Collingwood Road
4 3 4 House
12:30 PM
Sat 4th Apr
Greg Hocking Elly Partners
6 Agg Street
3 1 0 House
1:00 PM
Sat 4th Apr
Compton Green Real Estate
74 Mason Street
2 1 1 House
1:30 PM
Sat 4th Apr
Williams Real Estate
42 River Street
2 1 0 House
2:00 PM
Sat 4th Apr
Compton Green Real Estate
84 Oxford Street
6 3 2 House
3:30 PM
Sat 4th Apr
Greg Hocking Elly Partners
Median Sale Price
House
$1.06M
Updated on Jan 2020
2 BR
$840K
3 BR
$967K
4 BR
$1.25M
Unit
$740K
Updated on Jan 2020
1 BR
$315K
2 BR
$628K
3 BR
$813K
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
$1,058,000
-5.4% $625,000 $2,510,000 137
2019
$1,040,000
-1.7% $590,000 $2,825,000 189
2020
$1,060,000
+1.9% $305,000 $1,710,000 29
Median Sale Price
$1.04M
Based on 183 recorded sales within the last 12 months
Updated on 29 Mar 2020
Suburb Growth
+1.3%
Current Median Price: $1,043,250
Previous Median Price: $1,030,000
Based on 320 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Feb 2020)
Price Range Segments (12 months ending Feb 2020)
Median Weekly Rent Price
House
$560
Updated on Feb 2020
2 BR
$450
3 BR
$570
4 BR
$735
Unit
$495
Updated on Feb 2020
1 BR
$330
2 BR
$435
3 BR
$560
4 BR
$690
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 $1,100 239
2017
$520
+3.8% $280 $1,000 227
2018
$520
0.0% $140 $1,000 219
2019
$565
+8.0% $275 $1,450 249
2020
$560
-0.9% $360 $1,000 42
Median Rent Price
$560
per week
Based on 235 recorded rent within the last 12 months
Updated on 29 Mar 2020
Rent Price Growth
+2.0%
Current Median Rent: $560
Previous Median Rent: $549
Based on 462 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.8%
Current Median Price: $1,043,250
Current Median rent: $560
Based on 418 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Feb 2020)

Auction Results For Newport

Houses sold in Last 12 months ends 28 Mar 2020

$1.02M

Median Sale Price

82%

Clearance Rate

170/209

Sold/Reported

$2.83M

Highest Sale Price

Sold Price Range No. of Sold Properties
$2 M - $3 M 2
$1.8 M - $2 M 1
$1.6 M - $1.8 M 3
$1.4 M - $1.6 M 12
$1.2 M - $1.4 M 28
$1 M - $1.2 M
(Median Price Range)
25
$800 K - $1 M 51
$600 K - $800 K 16

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