Newtown Suburb Profile

Victoria 3220

Newtown has 5,771 properties. Over the last 5 years, Houses in Newtown have seen a 39.11% increase in median value, while Units have seen a 13.66% increase. As at 30 November 2024:

• The median value for Houses in Newtown is $1,220,132 while the median value for Units is $546,390.
• Houses have a median rent of $550 while Units have a median rent of $450.

The size of Newtown is approximately 5.8 square kilometres. It has 20 parks covering nearly 17.4% of total area. The population of Newtown in 2011 was 9,681 people. By 2016 the population was 10,154 showing a population growth of 4.9% in the area during that time. The predominant age group in Newtown is 10-19 years. Households in Newtown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newtown work in a professional occupation. In 2011, 69.1% of the homes in Newtown were owner-occupied compared with 69.6% in 2016.