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Published by meganmcguinness, 2023-08-29 03:41:40

Suburb_Flyover_NEWTOWN_28-08-2023

Suburb_Flyover_NEWTOWN_28-08-2023

NEWTOWN (HOUSE) SUBURB FLYOVER REPORT PREPARED BY: DAVID MCGUINNESS, MCGRATH GEELONG | NEWTOWN


NEWTOWN - Suburb Map This report has been compiled on 28/08/2023 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2023 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the 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 information contained in this report 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 information supplied.


NEWTOWN - Sales Statistics (Houses) Year # Sales Median Growth Low High 2005 185 $ 362,000 0.0 % $ 40,000 $ 2,650,000 2006 204 $ 356,500 -1.5 % $ 150,000 $ 1,650,000 2007 208 $ 410,000 15.0 % $ 84,000 $ 2,000,000 2008 195 $ 400,000 -2.4 % $ 140,000 $ 1,865,909 2009 220 $ 420,750 5.2 % $ 93,500 $ 2,360,000 2010 171 $ 560,000 33.1 % $ 22,916 $ 1,800,000 2011 162 $ 530,500 -5.3 % $ 6,700 $ 3,100,000 2012 179 $ 545,000 2.7 % $ 176,610 $ 2,420,000 2013 173 $ 560,000 2.8 % $ 120,000 $ 1,760,000 2014 184 $ 620,500 10.8 % $ 147,500 $ 2,200,000 2015 201 $ 662,000 6.7 % $ 100,000 $ 4,200,000 2016 217 $ 700,000 5.7 % $ 60,000 $ 2,300,000 2017 220 $ 780,000 11.4 % $ 250,000 $ 3,850,000 2018 167 $ 840,000 7.7 % $ 370,000 $ 3,300,000 2019 157 $ 830,000 -1.2 % $ 230,000 $ 3,900,000 2020 162 $ 950,000 14.5 % $ 300,000 $ 5,000,000 2021 200 $ 1,200,000 26.3 % $ 500,000 $ 6,300,000 2022 138 $ 1,222,500 1.9 % $ 400,000 $ 4,750,000 2023 51 $ 1,350,000 10.4 % $ 660,000 $ 3,400,000 Suburb Growth -6.1% Previous Median Price: $1,305,000 Current Median Price: $1,225,000 Based on 281 recorded House sales compared over the last two rolling 12 month periods Median Sale Price $1.23m Based on 117 recorded House sales within the last 12 months (Financial Year 2023) Based on a rolling 12 month period and may differ from calendar year statistics This report has been compiled on 28/08/2023 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2023 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the 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 information contained in this report 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 information supplied.


NEWTOWN - Peak Selling Periods (3 years) NEWTOWN - Price Range Segments (12 months) This report has been compiled on 28/08/2023 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2023 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the 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 information contained in this report 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 information supplied.


Median Weekly Rents (Houses) Suburb Rental Yield +2.2% Current Median Price: $1,225,000 Current Median Rent: $520 Based on 208 registered House rentals compared over the last 12 months. -6.1% Current Median Price: $1,225,000 Previous Median Price: $1,305,000 Based on 281 registered House sales compared over the last two rolling 12 month periods. Suburb Sale Price Growth Median Weekly Rents (Units) Suburb Rental Yield +3.7% Current Median Price: $597,500 Current Median Rent: $420 Based on 161 registered Unit rentals compared over the last 12 months. -12.1% Current Median Price: $597,500 Previous Median Price: $680,000 Based on 129 registered Unit sales compared over the last two rolling 12 month periods. Suburb Sale Price Growth This report has been compiled on 28/08/2023 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2023 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the 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 information contained in this report 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 information supplied.


NEWTOWN - Recently Sold Properties # Sold Properties 117 Based on recorded House sales within the 12 months (Financial Year 2023) Based on a rolling 12 month period and may differ from calendar year statistics Suburb Growth -6.1% Previous Median Price: $1,305,000 Current Median Price: $1,225,000 Based on 281 recorded House sales compared over the last two rolling 12 month periods Median Sale Price $1.23m Based on 117 recorded House sales within the last 12 months (Financial Year 2023) Based on a rolling 12 month period and may differ from calendar year statistics 370 PAKINGTON ST 344 m² 3 1 2 $838,000 Aug 2023 44 Days 24 PESCOTT ST 3 1 1 $1,200,000 Aug 2023 15 Days 18 READ ST 550 m² 3 1 1 $861,000 Aug 2023 26 Days 16 FAIRMONT RD 709 m² 3 1 2 $950,000 Aug 2023 28 Days 13 BALLATER AVE 702 m² 4 2 2 $936,000 Jul 2023 24 Days 1/72 BALCOMBE RD 351 m² 4 2 2 $1,520,000 Jul 2023 19 Days 171 SKENE ST 954 m² 4 2 - $1,845,000 Jul 2023 29 Days 299 PAKINGTON ST 801 m² 4 2 2 $1,740,000 Jul 2023 187 Days 188 WEST FYANS ST 971 m² 3 1 2 $1,020,000 Jul 2023 211 Days This report has been compiled on 28/08/2023 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2023 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the 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 information contained in this report 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 information supplied.


6 SHELLEY AVE 530 m² 3 2 2 $915,000 Jul 2023 24 Days 20A FRANK ST 435 m² 4 3 2 $2,600,000 Jul 2023 54 Days 11 CHURCHILL AVE 426 m² 3 1 2 $635,000 Jul 2023 4 Days 7 CAMDEN RD 330 m² 3 2 1 $783,550 Jun 2023 11 Days 64 RUSSELL ST 481 m² 5 2 1 $1,440,000 Jun 2023 N/A 73A NOBLE ST 339 m² 3 2 1 $980,000 Jun 2023 55 Days 363 SHANNON AVE 697 m² 2 2 1 $1,050,000 Jun 2023 66 Days 8 COOK ST 616 m² 4 2 - $1,400,000 May 2023 N/A 53 FAIRVIEW AVE 476 m² 3 2 1 $715,000 May 2023 N/A 376 PAKINGTON ST 598 m² 2 1 - $1,295,000 May 2023 24 Days 38 MARSHALL ST 426 m² 3 2 2 $1,420,000 May 2023 65 Days 9 GRANT ST 720 m² 4 2 3 $1,507,000 May 2023 11 Days This report has been compiled on 28/08/2023 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2023 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the 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 information contained in this report 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 information supplied.


NEWTOWN - Properties For Rent 208 Number of Rentals Based on recorded House rentals within the last 12 months (Financial Year 2023) Based on a rolling 12 month period and may differ from calendar year statistics Rental Yield +2.2% Current Median Price: $1,225,000 Based on 117 recorded House sales and 208 House rentals compared over the last 12 months Current Median Rent: $520 Median Rental Price $520 /w Based on 208 recorded House rentals within the last 12 months (Financial Year 2023) Based on a rolling 12 month period and may differ from calendar year statistics 43 AUSTIN STREET 372 m² 3 1 3 Aug 2023 5 Days $500 28 NICHOLAS STREET 687 m² 3 1 2 Aug 2023 5 Days $400 p/w 8 ARDLUI DRIVE 799 m² 3 2 4 Aug 2023 6 Days $530.00 21 PERCY STREET 729 m² 3 1 1 Aug 2023 12 Days $450 per week 67 GEORGE STREET 480 m² 4 2 1 Aug 2023 20 Days $730 weekly 63 BOND STREET 393 m² 4 1 1 Aug 2023 21 Days $530 p/w 34 VIRGINIA STREET 496 m² 3 2 1 Aug 2023 25 Days $525 per week 1/359 SHANNON AVENUE 161 m² 3 2 3 Aug 2023 26 Days $490 per week 7/46 PERCY STREET 146 m² 3 2 2 Jul 2023 34 Days $595 per week This report has been compiled on 28/08/2023 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2023 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the 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 information contained in this report 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 information supplied.


2B STINTON AVENUE 192 m² 2 1 2 Jul 2023 41 Days $390 pw 11 CLARENDON STREET 422 m² 3 3 1 Jul 2023 45 Days $680.00 per 365 AUTUMN STREET 602 m² 2 1 3 Jul 2023 54 Days $370 per week 11 CLARKE STREET 376 m² 2 1 1 Jun 2023 68 Days $460 pw 20 WEST FYANS STREET 514 m² 4 1 2 Jun 2023 76 Days $480.00 1/44 NICHOLAS STREET 325 m² 4 2 2 Jun 2023 76 Days $580 per week 93 BUCKINGHAM ROAD 301 m² 3 2 2 Jun 2023 80 Days $595 This report has been compiled on 28/08/2023 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2023 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the 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 information contained in this report 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 information supplied.


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