Profile for Newport

3015

Newport is located 8 km south-west of the CBD. Newport is a major industrial suburb in Melbourne's west featuring the Newport Power Station and part of the BP and Shell fuel depots. The suburb is dominated by rail with Newport being a junction for the Werribee and Williamstown lines and having the the Newport Railway Workshops and the Newport Railway Museum in the area. Newport also features the Western Melbourne Institute of TAFE - Newport Campus.

Recent Sales & Auction Results in Newport

Address Price Type Method Sale Date Agent
Property List
65 Elphin St, Newport 4 House Auction Sale 15/12/2018 Sweeney
38 North Rd, Newport 4 House (Res) Passed in at Auction 15/12/2018 Williams RE
2/26 Steele St, Newport 2 Unit Passed in Vendor Bid 15/12/2018 Compton Green
22 Charlotte St, Newport 3 House Passed in at Auction 15/12/2018 Sweeney
21 Ford St, Newport 3 House Passed in at Auction 15/12/2018 Sweeney

Median data for September 2018 Quarter. Click here for details.

Median Sale Price

$1.08mil

Metro Melbourne

$834k

Quarterly Price Change

5.1%

Metro Melbourne

0.0%

Median Rent

$491

Metro Melbourne

$450

Rental Yield

2.4%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 33.3% 46.1%
Days on Market 45.5 38
Median price by Bedrooms Suburb Metro
2 Bedrooms $940,000 $895,000
3 Bedrooms $1,025,000 $744,750
4 Bedrooms $1,196,000 $880,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $460 $480
3 Bedrooms $500 $420
4 Bedrooms n/a $475

Median data for September 2018 Quarter. Click here for details.

Median Sale Price

$713k

Metro Melbourne

$604k

Quarterly Price Change

0.8%

Metro Melbourne

0.2%

Median Rent

$480

Metro Melbourne

$420

Rental Yield

3.5%

Metro Melbourne

3.6%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 33.3% 46.1%
Days on Market 45.5 38
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $375,000
2 Bedrooms $625,000 $575,000
3 Bedrooms $835,000 $771,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $320 $365
2 Bedrooms $450 $431
3 Bedrooms $550 $520

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