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Newtown
VIC, 3220 - Greater Geelong

Thinking about buying in Newtown? Now could not be a better time, with 6273 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,371,000 with prices in this suburb ranging from $254,000 to $8,867,000. Newtown is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $372.64
Median Monthly Mortgage $2048.64
Median Persons Per Bedroom 0.78
Average Household Size 2.48
Average Age 40.23
Average Income $1000.41
Average Cars Per Dwelling 1.74
Average Properties Within 50M 16

Housing Stock

Average Property Prices

1 Bed  $1,153,000
2 Bed  $1,101,000
3 Bed  $1,333,000
4 Bed  $1,767,000
5 Bed  $2,661,000
6 Bed+$2,870,000

Newtown Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Newtown driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Newtown ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Newtown provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Newtown necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Newtown we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Newtown a better buying opportunity than it may have been in the past.

Houses for sale Newtown

Stockdale&Leggo 79 BUCKINGHAM RD, NEWTOWN, VIC, 3220 Beds3 Bathrooms1 Parking 4 $859,000 - $889,000

Local Schools

Chilwell Primary School

Newtown Primary School

Fyans Park Primary School

Sacred Heart College

St Joseph's College Geelong

St Robert's School

The Geelong College

St John's Lutheran School Geelong

Matthew Flinders Girls Secondary College

Holy Spirit Parish School

(While the above schools are located with the suburb of Newtown there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Newtown weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.114.526.143.489.34.024.4
Feb0.914.425.844.791.23.620.1
Mar1.013.924.247.992.53.414.7
Apr1.410.821.747.893.12.811.2
May1.98.117.556.093.23.17.9
Jun1.76.314.566.295.22.86.6
Jul1.56.614.561.293.33.67.6
Aug1.76.314.957.193.83.610.0
Sept1.87.817.850.8933.714.4
Oct1.49.219.946.792.73.818.3
Nov1.310.821.946.492.73.722.3
Dec1.212.724.544.391.23.825.1

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Manifold HeightsGeelong WestGeelongHerne HillSouth GeelongHightonBelmontDrumcondraHamlyn HeightsRippleside

Public Transport


General Points of Interest

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