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Newport vs St Leonards

Property investment comparison - Newport, NSW 2106 vs St Leonards, NSW 2065

Head-to-head across core investment metrics: Newport wins 2, St Leonards wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricNewportSt Leonards
Median house price$3.1M$3.0M
Median unit price$1.4M$1.1M
Gross rental yield (houses)2.37%-
Gross rental yield (units)3.19%-
1-year house growth+0.7%estimate-1.9%
3-year house growth--
Vacancy rate1.5%1.9%
Population9,6597,212

Newport vs St Leonards: what the numbers say

The median house price is $3.1M in Newport and $3.0M in St Leonards, so St Leonards is the cheaper entry point, with Newport houses about 2% dearer.

For units, Newport sits at a median of $1.4M against $1.1M in St Leonards, which makes St Leonards the more affordable unit market and Newport the pricier one.

Over the past year house prices moved +0.7% in Newport (an estimate) and -1.9% in St Leonards, so recent momentum favours Newport, while St Leonards went backwards.

Rental vacancy is 1.5% in Newport and 1.9% in St Leonards, so landlords in Newport 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 9,659 against 7,212, larger than St Leonards; a larger suburb usually means a deeper pool of buyers and tenants.

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

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