Market snapshot
Suburb insights for Newport3015
Change suburbNewport 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
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 1B Abbeygate St, Newport | 3 |  | House (Res) | Auction Sale | 20/07/2024 | Ray White Williamstown | View |
| 1/3 North Rd, Newport | 2 |  | Unit | Auction Sale | 20/07/2024 | The Agency Williamstown | View |
| 30 Agg St, Newport | 3 |  | House (Res) | Sold Before Auction | 17/07/2024 | Reside Real Estate | View |
| 1/75 Elizabeth St, Newport | 4 |  | Townhouse (Res) | Sold Before Auction | 12/07/2024 | The Agency Williamstown | View |
Sales data
Median sale price
$1.2mil
Quarterly price change
-4.1%
Metro Melbourne Comparison
$912k
-1.5%
| Bedrooms | Newport | Metro comparison |
|---|---|---|
| 2 | $905,000 | $902,500 |
| 3 | $1,215,000 | $810,000 |
| 4 | $1,475,000 | $955,000 |
| Insight | Newport | Metro comparison |
|---|---|---|
| Clearance rate | 79.6% | 73.8% |
| Days on market | 59 | 42 |
Rental data
Median weekly rent
$690
Rental yield
2.9%
Metro Melbourne Comparison
$560
3.2%
| Bedrooms | Newport | Metro comparison |
|---|---|---|
| 2 | $550 | $550 |
| 3 | $700 | $540 |
| 4 | $900 | $580 |
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