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Newborough, VIC 3825

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketStrong Growth

Median House

$495,000

market range $450K-$575K

Median Unit

$320,000

market range $275K-$350K

Gross Yield

-

1yr Growth (houses)

+14.4%

market range +7.5% to +20.0%

Investment snapshot for Newborough

Newborough has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Newborough market and investor summary

Newborough (VIC 3825) runs a median house price of $495K. House prices have moved +14.4% over the past year. At 2.1% vacancy, it is a broadly balanced rental market.

Living in Newborough: people, income and schools

About 6,886 people live in Newborough, a number that has held fairly steady over five years. The median age is 43, skewed a little older, and 71% of homes are owner-occupied.

Households here earn a median of about $61,000 a year, or roughly $1,170 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (1 out of 10). At current prices a median house runs to about 8.2 times local household income, in line with much of metropolitan Australia.

There are 10 schools within about 5km, testing close to the national school average on ICSEA. It is fairly car-dependent; the suburb scores 20 for walkability and 13 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
6,886
+3% over 5yr
Median age
43 years
Median household income
$61,000/yr
Households renting
25%
Family households
64%
Socio-economic rank
1/10
ABS advantage index
Schools within 5km
10
avg ICSEA 972
Unemployment
6.8%
Walk score
20/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Newborough

No properties currently listed in Newborough

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Frequently asked questions about Newborough

What should I check before investing in Newborough?

Newborough has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +14.4% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Newborough?

The median property price in Newborough, VIC 3825 is $495K for houses and $320K for units.

What does recent house price growth show for Newborough?

House prices in Newborough are up 14.4% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Newborough?

The current vacancy rate in Newborough is 2.1%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.

How many people live in Newborough?

Newborough has a population of approximately 6,886 residents, with a median age of 43.

What schools are near Newborough?

There are 10 schools within roughly 5km of Newborough. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Newborough affordable to buy in?

A median house in Newborough costs about 8.2 times the median local household income (broadly in line with metropolitan Australia). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Newborough's population growing?

The population of Newborough has grown modestly, about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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