Suburb_Report_Newtown_VIC_3220_13-08-2020

Suburb Report

Newtown VIC 3220

Prepared on 13 August 2020

Prepared by David McGuinness
Phone 0412646009
Email davidmcguinness@mcgrath.com.au

Suburb Report

Newtown VIC 3220

67km

Distance from GPO

10.2k

Population

4.9%

5 year population change

13 years

Average length of ownership

The size of Newtown is approximately 5.8 square kilometres. It has 11 parks covering nearly 6.6% of
total area. The population of Newtown in 2011 was 9,681 people. By 2016 the population was 10,154
showing a population growth of 4.9% in the area during that time. The predominant age group in
Newtown is 10-19 years. Households in Newtown are primarily couples with children and are likely to be
repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newtown work in a
professional occupation. In 2011, 69.1% of the homes in Newtown were owner-occupied compared with
69.6% in 2016. Currently the median sales price of houses in the area is $890,000.

Total dwellings Total new listings* Median Value Total number currently
listed
3,351 158 $984,024
45

1,063 67 $508,423 19

*Total number of unique properties listed for sale over the past 12 months.

13 August 2020 Page 2

© Copyright 2020 | RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic) and its licensors are the sole and exclusive owners of all rights, title and interest (including intellectual property rights) subsistin
g in this publication including any data, analytics, statistics and other information. All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is de
emed reliable but not guaranteed.

Suburb Report

Newtown VIC 3220

Houses: For Sale

Number Sold vs. Median Value (monthly)

Change in Median Value Median Days on Market vs. Median Vendor Discount

$$$ $1,230,000 The 75th percentile sale price of sales over the past 12 months within the
suburb.
Upper Quartile Price*
The middle sale price of all transactions recorded over the past 12 months
$$ $890,000 within the suburb. Note that sale prices lower than $10,000 and higher
than $80,000,000 are excluded from the analysis.
Median Price*

$ $685,000 The 25th percentile sale price of sales over the past 12 months within the
suburb.
Lower Quartile Price*

*Statistics are calculated over a rolling 12 month period

13 August 2020 Page 3

© Copyright 2020 | RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic) and its licensors are the sole and exclusive owners of all rights, title and interest (including intellectual property rights) subsistin
g in this publication including any data, analytics, statistics and other information. All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is de
emed reliable but not guaranteed.

Suburb Report

Newtown VIC 3220

Houses: Market Activity Snapshot

On The Market Recently Sold

12 9
BEDROOMS

68 Saffron Street Newtown 2 32 Craigie Road Newtown 1
VIC 3220 VIC 3220 1
741m2
Listed on 08 Aug 2020 2 Sold on 25 Jul 2020
$895,000 - $945,000 $755,000* 1
1
206m2 185 Aberdeen Street 350m2
Newtown VIC 3220

Sold on 26 Jun 2020
$420,000*

14 3 29
BEDROOMS

69 Buckingham Road 2 58 Austin Street Newtown 1
Newtown VIC 3220 1 VIC 3220 1
692m2 511m2
Listed on 10 Aug 2020 Sold on 18 Jul 2020
$695,000 - $735,000 2 $795,000* 2
2 2
10 Glamis Street Newtown 687m2 116 Prospect Road 680m2
VIC 3220 Newtown VIC 3220

Listed on 10 Aug 2020 Sold on 15 Jul 2020
$840,000-$900,000 Not Disclosed

16 4 23
BEDROOMS
83 Aberdeen Street
20 Aphrasia Street 4 Newtown VIC 3220 2
Newtown VIC 3220 4 2
Sold on 31 Jul 2020 853m2
Listed on 11 Aug 2020 Not Disclosed
Contact Agent 1
47 Fairview Avenue 2
673m2 Newtown VIC 3220 482m2

25 Belfast Street Newtown 4 Sold on 28 Jul 2020
VIC 3220 2 Not Disclosed

Listed on 08 Aug 2020
$1,170,000 - $1,250,000

911m2

= number of houses currently On the Market or Sold within the last 6 months Page 4
*Agent advised
13 August 2020

© Copyright 2020 | RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic) and its licensors are the sole and exclusive owners of all rights, title and interest (including intellectual property rights) subsistin
g in this publication including any data, analytics, statistics and other information. All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is de
emed reliable but not guaranteed.

Suburb Report

Newtown VIC 3220

Units: For Sale

Number Sold vs. Median Value (monthly)

Change in Median Value Median Days on Market vs. Median Vendor Discount

$$$ $723,125 The 75th percentile sale price of sales over the past 12 months within the
suburb.
Upper Quartile Price*
The middle sale price of all transactions recorded over the past 12 months
$$ $472,500 within the suburb. Note that sale prices lower than $10,000 and higher
than $80,000,000 are excluded from the analysis.
Median Price*
The 25th percentile sale price of sales over the past 12 months within the
$ $336,250 suburb.

Lower Quartile Price*

*Statistics are calculated over a rolling 12 month period

13 August 2020 Page 5

© Copyright 2020 | RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic) and its licensors are the sole and exclusive owners of all rights, title and interest (including intellectual property rights) subsistin
g in this publication including any data, analytics, statistics and other information. All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is de
emed reliable but not guaranteed.

Suburb Report

Newtown VIC 3220

Units: Market Activity Snapshot Recently Sold

On The Market 4

01 4/11 Elcho Street Newtown 1
BEDROOMS VIC 3220 1
There are no 1 bedroom Units on the market in this suburb 57m2
Sold on 16 Jun 2020
$285,000 1
1
1/13 Stinton Avenue 112m2
Newtown VIC 3220

Sold on 25 Apr 2020
$370,000

6 2 12 1
1
2/91 Aphrasia Street BEDROOMS 9/199 Noble Street 93m2
Newtown VIC 3220 Newtown VIC 3220
1 1
Listed on 08 Aug 2020 1 Sold on 22 Jul 2020 1
CONTACT AGENT 181m2 $402,000* 126m2

1/11 Aphrasia Street 1 3/54 Percy Street
Newtown VIC 3220 1 Newtown VIC 3220
190m2
Listed on 06 Aug 2020 Sold on 04 Jul 2020
$580,000 - $620,000 Not Disclosed

10 3 2

1/79 Fairview Avenue BEDROOMS 5 Bosanquet Avenue 2
Newtown VIC 3220 Newtown VIC 3220 1
2
Listed on 08 Aug 2020 2 Sold on 10 Jul 2020
PRICE GUIDE $925,000 - 345m2 $525,000*
$975,000
1 381m2
1/16 Laurel Bank Parade 2
Newtown VIC 3220 395m2 3/41 Percy Street Newtown 2
VIC 3220 2
Listed on 08 Aug 2020
$780,000 to $830,000 Sold on 26 Jun 2020
$627,000

239m2

= number of units currently On the Market or Sold within the last 6 months Page 6
*Agent advised
13 August 2020

© Copyright 2020 | RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic) and its licensors are the sole and exclusive owners of all rights, title and interest (including intellectual property rights) subsistin
g in this publication including any data, analytics, statistics and other information. All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is de
emed reliable but not guaranteed.

Suburb Report Indicative Gross Rental Yield (12 months)

Newtown VIC 3220

Houses: For Rent

Median Asking Rent (12 months)

Houses: Rental Activity Snapshot

For Rent

42
BEDROOMS

2 Glamis Street Newtown 1 406 Pakington Street 1
VIC 3220 1 Newtown VIC 3220 2
288m2 69m2
Listed on 11 Aug 2020 Listed on 11 Aug 2020
$330/W $490/W

20 3

BEDROOMS

14 Saffron Street Newtown 1 7 Belfast Street Newtown 1
VIC 3220 VIC 3220 2
430m2
Listed on 11 Aug 2020 1 Listed on 09 Aug 2020
$400/W $520/W

409m2

74
BEDROOMS

222 Noble Street Newtown 2 41 Upper Skene Street 2
VIC 3220 Newtown VIC 3220 1
622m2
Listed on 08 Aug 2020 2 Listed on 08 Aug 2020
$580/W $650/W

675m2

= number of houses observed as On the Market for Rent within the last month

13 August 2020 Page 7

© Copyright 2020 | RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic) and its licensors are the sole and exclusive owners of all rights, title and interest (including intellectual property rights) subsistin
g in this publication including any data, analytics, statistics and other information. All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is de
emed reliable but not guaranteed.

Suburb Report Indicative Gross Rental Yield (12 months)

Newtown VIC 3220

Units: For Rent

Median Asking Rent (12 months)

Units: Rental Activity Snapshot

For Rent

61
BEDROOMS

2/379 Shannon Avenue 2/22 Daisy Street Newtown
Newtown VIC 3220
1 VIC 3220 1
Listed on 07 Aug 2020 1
$300/W 55m2 Listed on 06 Aug 2020 1
$195/W

77m2

18 2

BEDROOMS

2/428 Latrobe Terrace 1 3/39 Clarke Street 1
Newtown VIC 3220 1 Newtown VIC 3220 1
142m2 905m2
Listed on 12 Aug 2020 Listed on 11 Aug 2020
$1,516/M $300/W

10 3

BEDROOMS

49 Noble Street Newtown 1 9/100-108 West Fyans 2
VIC 3220 1 Street Newtown VIC 2
178m2 189m2
Listed on 10 Aug 2020 Listed on 10 Aug 2020
$400/W $1,863/M

= number of units observed as On the Market for Rent within the last month

13 August 2020 Page 8

© Copyright 2020 | RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic) and its licensors are the sole and exclusive owners of all rights, title and interest (including intellectual property rights) subsistin
g in this publication including any data, analytics, statistics and other information. All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is de
emed reliable but not guaranteed.

Suburb Report

Newtown VIC 3220

DISCLAIMER

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Data).

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accuracy, currency or completeness of the CoreLogic Data and to the full extent permitted by law excludes all loss or damage
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This publication contains data and statistics provided by the Australian Bureau of Statistics, available at
http://www.abs.gov.au/ and reproduced under Creative Commons Attribution 2.5
http://creativecommons.org/licenses/by/2.5/au/legalcode.

Mapping Data
A map showing an area or boundaries of a property is indicative only and may not be complete or accurate.

State and Territory Data
The State of Victoria owns the copyright in the Property Sales Data and reproduction of that data in any way without the
consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant
the accuracy or completeness of the Property Sales Data and any person using or relying upon such information does so on the
basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the
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13 August 2020 Page 9

© Copyright 2020 | RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic) and its licensors are the sole and exclusive owners of all rights, title and interest (including intellectual property rights) subsistin
g in this publication including any data, analytics, statistics and other information. All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is de
emed reliable but not guaranteed.