NEWCOMB 3219
State: VICPosiProp AI Investment Summary
NEWCOMB (VIC 3219) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.0% and has experienced a 12-month capital growth of Up 12.3%, with a median house buy price of $620,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$575,000
$610,000
$720,000
$620,000
Suburb Market Profile
Last month Newcomb had 26 properties available for rent and 23 properties for sale. Median property prices over the last year range from $620,000 for houses to $472,650 for units. If you are looking for an investment property, consider houses in Newcomb rent out for $480 PW with an annual rental yield of 4.0% and units rent for $425 PW with a rental yield of 4.4%. Newcomb has seen an annual compound growth rate of 12.3% for houses and -0.5% for units.