Market snapshot

Suburb insights for Newport3015

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Newport, approximately 7 km southwest of the CBD, is a vibrant inner-western suburb with a strong creative identity and a rich heritage charm. Known for the Substation arts venue, Newport Lakes, and charming period homes, the area blends suburban living with cultural flair. Newport Station offers convenient access to the city, while its proximity to Williamstown Beach adds a coastal charm. With a thriving local café scene and access to schools and parks, Newport continues to attract professionals, families, and creatives seeking a dynamic lifestyle close to Melbourne’s core.

Recent sales and auction results in Newport

AddressBedroomsPriceTypeMethodSale DateAgentListing
3/59 Challis St, Newport2PriceUnitPrivate Sale5/03/2026Jellis CraigView

Sales data

Median sale price
$1.2mil
Quarterly price change
-7.5%
Metro Melbourne Comparison
$992k
1.9%
BedroomsNewportMetro comparison
2$950,000$950,000
3$1,170,000$863,000
4$1,380,000$980,500
InsightNewportMetro comparison
Clearance rate76.9%74.9%
Days on market5037

Rental data

Median weekly rent
$700
Rental yield
2.9%
Metro Melbourne Comparison
$580
3.1%
BedroomsNewportMetro comparison
2$588$595
3$720$550
4$918$595
Median data for the current quarter
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