Newport Suburb Profile
Victoria 3015

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Newport has 6,439 properties. Over the last 5 years, Houses in Newport have seen a 21.62% increase in median value, while Units have seen a 21.12% increase. As at 31 May 2024:

  • The median value for Houses in Newport is $1,195,121 while the median value for Units is $745,490.
  • Houses have a median rent of $700 while Units have a median rent of $590.
There are currently 27 properties listed for sale, and 18 properties listed for rent in Newport on OnTheHouse. According to CoreLogic's data, 262 properties were sold in the past 12 months in Newport.

The size of Newport is approximately 5.2 square kilometres. It has 22 parks covering nearly 15.4% of total area. The population of Newport in 2011 was 11,987 people. By 2016 the population was 12,913 showing a population growth of 7.7% in the area during that time. The predominant age group in Newport is 40-49 years. Households in Newport are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newport work in a professional occupation. In 2011, 70.7% of the homes in Newport were owner-occupied compared with 69.2% in 2016.

Suburb Insights for NEWPORT 3015

Market Insights
Newport Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Newport Trends for Units
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Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age

Population 12,913

0-9

 

16%

10-19

 

10%

20-29

 

11%

30-39

 

17%

40-49

 

18%

50-59

 

13%

60-69

 

7%

70-79

 

4%

80-89

 

3%

90-99

 

1%

Household Structure
Occupancy

Last Updated: 06/07/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.