2. VIC
  3. Latrobe

Houses Units

Here you can find what you need to know about Newborough, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$430K Median Sale Price (National Average $485k) 658th In VIC
5.91% Median Sale Price Change (1yr) (National Average 4.30%) 96th In VIC
$410pw Median Rent (National Average $395) 561st In VIC
5.0% Median Gross Yield (National Average 4.24%) 49th In VIC
Properties sold 136
Average discounting -7.01%
Average Days on Market 90
Stock on Market 83 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Newborough, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Newborough, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Newborough, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Newborough


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Newborough, VIC 3825

Part of: Latrobe Council No data available

The size of Newborough is approximately 19.5 square kilometres. It has 27 parks covering nearly 7.8% of total area. The population of Newborough in 2011 was 6,932 people. By 2016 the population was 6,757 showing a population decline of 2.5% in the area during that time. The predominant age group in Newborough is 50-59 years. Households in Newborough are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newborough work in a trades occupation. In 2011, 72.5% of the homes in Newborough were owner-occupied compared with 69.6% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Newborough

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Newborough   for Houses in last 12 months


There have been 136 Houses sold in Newborough in the past 12 months with a median sale price of $430K, up 5.9% annually. It takes on average 72 days to sell with vendor discounting of -7.0%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Moe VIC, 3825 1.41% $360,000 $368pw 5.3% View Suburb Profile
Newcastle NSW, 2300 Unavailable Unavailable $830pw Unavailable View Suburb Profile
Trafalgar East VIC, 3824 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Morwell VIC, 3840 3.08% $335,000 $360pw 5.6% View Suburb Profile
Valentine NSW, 2280 9.43% $1,160,000 $700pw 3.1% View Suburb Profile
Newcomb VIC, 3219 -0.48% $569,000 $440pw 4.0% View Suburb Profile

Currency

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