Newmarket vs Newport

The median house price is $1.7M in Newmarket and $1.6M in Newport, so Newport is the cheaper entry point, with Newmarket houses about 1% dearer.

For units, Newmarket sits at a median of $850K against $1.4M in Newport, which makes Newmarket the more affordable unit market and Newport the pricier one.

On cash flow, Newport leads: houses there return a gross rental yield of 2.75%, compared with 2.55% in Newmarket, a gap of 0.20 percentage points.

Over the past year house prices moved +10.5% in Newmarket and +12.8% in Newport, so recent momentum favours Newport, although both suburbs recorded growth.

Looking back three years, Newmarket houses are +29.5% and Newport houses +34.2%, so Newport has compounded faster than Newmarket over the longer window.

Rental vacancy is 1.2% in Newmarket and 2.0% in Newport, so landlords in Newmarket face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Newport is the bigger suburb, with a population of 5,964 against 5,083, larger than Newmarket; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Newport for rental income, Newport for a lower purchase price, Newport for recent price momentum, Newmarket for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.