Market snapshot

Suburb insights for Newport3015

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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 and auction results in Newport

AddressBedroomsPriceTypeMethodSale DateAgentListing
1B Abbeygate St, Newport3PriceHouse (Res)Auction Sale20/07/2024Ray White WilliamstownView
1/3 North Rd, Newport2PriceUnitAuction Sale20/07/2024The Agency WilliamstownView
30 Agg St, Newport3PriceHouse (Res)Sold Before Auction17/07/2024Reside Real EstateView
1/75 Elizabeth St, Newport4PriceTownhouse (Res)Sold Before Auction12/07/2024The Agency WilliamstownView

Sales data

Median sale price
$1.2mil
Quarterly price change
-4.1%
Metro Melbourne Comparison
$912k
-1.5%
BedroomsNewportMetro comparison
2$905,000$902,500
3$1,215,000$810,000
4$1,475,000$955,000
InsightNewportMetro comparison
Clearance rate79.6%73.8%
Days on market5942

Rental data

Median weekly rent
$690
Rental yield
2.9%
Metro Melbourne Comparison
$560
3.2%
BedroomsNewportMetro comparison
2$550$550
3$700$540
4$900$580
Median data for the current quarter
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