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
14 Laurie St, Newport 3 House (Res) Passed in at Auction 08/12/2018 Barlow McEwan Tribe
3/8 Laurie St, Newport 3 Townhouse (Res) Auction Sale 08/12/2018 Greg Hocking Elly Partners
1/485 Melbourne Rd, Newport 2 Unit Passed in at Auction 08/12/2018 Compton Green
28 Salisbury St, Newport 4 House Passed in at Auction 08/12/2018 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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