Newington Real Estate, VIC, 3350 Ballarat
Thinking about buying in Newington? Now could not be a better time, with a whopping 989 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $864,000 with prices in this suburb ranging from $408,000 to $1,944,000.
Distance to the coast is 74 Km.
Newington Real Estate Market Outlook
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. High average incomes in Newington 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 Newington 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 Newington 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 Newington 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 Newington a better buying opportunity than it may have been in the past.
About
For Sale
|
21 SALISBURY AV, NEWINGTON, VIC, 3350 | 3 | 1 | 1 | $545,000 - $570,000 |
|
|
9B DURHAM ST, NEWINGTON, VIC, 3350 | 3 | 2 | 3 | $930,000 - $980,000 |
|
23 SALISBURY AV, NEWINGTON, VIC, 3350 | 2 | 1 | 2 | Under Contract |
|
|
8 MURRAY ST, NEWINGTON, VIC, 3350 | 3 | 1 | 1 | $650,000 - $670,000 |
|
|
1147 EYRE ST, NEWINGTON, VIC, 3350 | 2 | 1 | $670,000 - $690,000 | |
|
UNIT 2, 1A REDAN ST, NEWINGTON, VIC, 3350 | 2 | 2 | 1 | $699,000 - $739,000 |
More
Local Schools
Newington Public School
(While the above schools are located with the suburb of Newington there may also be nearby schools whose catchments cover this suburb)Local Crime Stats
Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.3 | 11.8 | 27.4 | 29.5 | 91.9 | 5.8 | 25.9 |
| Feb | 1.4 | 12.2 | 26.1 | 35.5 | 93.9 | 5.8 | 21.7 |
| Mar | 1.1 | 10.6 | 23.4 | 38.1 | 95.2 | 5.5 | 16.8 |
| Apr | 1.5 | 7.8 | 18.6 | 49.5 | 96.9 | 4.8 | 12.3 |
| May | 1.8 | 5.4 | 14.1 | 63.5 | 97.9 | 5.0 | 8.7 |
| Jun | 1.9 | 3.6 | 11.2 | 74.0 | 99.0 | 4.9 | 7.2 |
| Jul | 2.1 | 3.4 | 10.5 | 74.3 | 98.9 | 5.7 | 7.5 |
| Aug | 1.9 | 3.3 | 11.6 | 65.1 | 98.4 | 5.6 | 10.4 |
| Sept | 2.2 | 4.6 | 14.3 | 58.1 | 97.1 | 5.6 | 14.4 |
| Oct | 1.6 | 6.5 | 18.1 | 49.6 | 96.4 | 5.4 | 19.8 |
| Nov | 1.6 | 8.3 | 20.8 | 44.7 | 96.5 | 5.3 | 22.6 |
| Dec | 1.3 | 10.3 | 24.6 | 33.7 | 93.8 | 5.6 | 25.5 |
source: Australian Government Bureau of Meteorology
Recently Sold
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!
