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.

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Recent Sales & Auction Results in Newport

Address Price Type Method Sale Date Agent
Property List
1/144 Woods St, Newport 3 Townhouse (Res) Sold Before Auction 05/06/2024 Jas Stephens - Yarraville

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$1.24m

Metro Melbourne

$929k

Quarterly Price Change

0.6%

Metro Melbourne

2%

Median Rent

$660

Metro Melbourne

$550

Rental Yield

2.8%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 72.4% 75.3%
Days on Market 63 40
Median price by Bedrooms Suburb Metro
2 Bedrooms $855,000 $920,000
3 Bedrooms $1,174,000 $810,000
4 Bedrooms $1,512,500 $965,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $540 $550
3 Bedrooms $683 $520
4 Bedrooms n/a $575

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$900k

Metro Melbourne

$635k

Quarterly Price Change

4.7%

Metro Melbourne

0.3%

Median Rent

$550

Metro Melbourne

$520

Rental Yield

3.4%

Metro Melbourne

4.3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 72.4% 75.3%
Days on Market 63 40
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $370,000
2 Bedrooms $675,000 $600,000
3 Bedrooms $890,000 $855,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $350 $450
2 Bedrooms $500 $540
3 Bedrooms $650 $620

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