NEWPORT 3015
State: VICPosiProp AI Investment Summary
NEWPORT (VIC 3015) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.3% and has experienced a 12-month capital growth of Up 2.0%, with a median house buy price of $1,240,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$980,000
$1,202,500
$1,500,000
$1,240,000
Suburb Market Profile
Last month Newport had 36 properties available for rent and 68 properties for sale. Median property prices over the last year range from $1,240,000 for houses to $732,500 for units. If you are looking for an investment property, consider houses in Newport rent out for $723 PW with an annual rental yield of 3.3% and units rent for $625 PW with a rental yield of 4.5%. Newport has seen an annual compound growth rate of 2.0% for houses and 2.7% for units.
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