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Newlyn North, VIC 3364
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$965,000
list-price estimate
Median Unit
$555,000
list-price estimate
Gross Yield
-
1yr Growth
-
Investment snapshot for Newlyn North
Newlyn North has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Newlyn North market and investor summary
Newlyn North sits in VIC, postcode 3364. At 1.7% vacancy, it is a tight rental market that favours landlords.
Rental demand looks steady, with vacancy at 1.7% and a resident base that is not shrinking. Houses also take time to sell, around 142 days on market, so plan for a slower exit if you ever need one.
Living in Newlyn North: people, income and schools
Newlyn North is home to around 230 people, a number that has held fairly steady over five years. The median age is 38, broadly working-age, and 84% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $81,000 a year, or roughly $1,560 a week. On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). Incomes have risen about 33% over five years, which tends to underpin what local buyers can pay.
There is 1 school within about 5km, testing close to the national school average on ICSEA. Getting around leans on public transport or a car; the suburb scores 1 for transit out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 230
- +2% over 5yr
- Median age
- 38 years
- Median household income
- $81,000/yr
- Households renting
- 13%
- Family households
- 71%
- Socio-economic rank
- 7/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 993
- Unemployment
- 3.1%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Newlyn North
View all →Frequently asked questions about Newlyn North
What should I check before investing in Newlyn North?
Newlyn North has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.7% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
How tight is the rental market in Newlyn North?
The current vacancy rate in Newlyn North is 1.7%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Newlyn North?
Newlyn North has a population of approximately 230 residents, with a median age of 38.
What schools are near Newlyn North?
There are 1 school within roughly 5km of Newlyn North. 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 Newlyn North's population growing?
The population of Newlyn North has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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