Real Estate Newington, 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.

Instant Valuation

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

Household makeup

Median Weekly Rent $282.57
Median Monthly Mortgage $1543.71
Median Persons Per Bedroom 0.63
Average Household Size 1.86
Average Age 37.00
Average Income $1163.00
Average Cars Per Dwelling 2.47
Average Properties Within 50M 20.00

Typical Property Prices

2 Bed$691,985
3 Bed$771,459
4 Bed$1,570,645
5 Bed$1,735,714

Housing Stock

Houses for sale Newington

Buxton 4 MURRAY ST, NEWINGTON, VIC, 3350 3 2 2 $945,000 - $1,025,000
Buxton 20 QUEEN VICTORIA ST, NEWINGTON, VIC, 3350 3 1 1 $675,000 - $705,000
Buxton 6 COLLARD ST, NEWINGTON, VIC, 3350 4 1 3 $750,000 - $790,000
Buxton 9B DURHAM ST, NEWINGTON, VIC, 3350 3 2 3 $930,000 - $980,000
McGrath 12 MALAKOFF ST, NEWINGTON, VIC, 3350 3 1 $565,000 - $580,000
McGrath 8 MURRAY ST, NEWINGTON, VIC, 3350 3 1 1 $650,000 - $680,000
PRD 16 COLLARD ST, NEWINGTON, VIC, 3350 3 2 $790,000 - $820,000
RayWhite 206 PLEASANT ST SOUTH, NEWINGTON, VIC, 3350 4 2 1 $865,000 - $915,000

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 Rate

Incidents Trend State Average


Newington 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
Jan1.311.827.429.591.95.825.9
Feb1.412.226.135.593.95.821.7
Mar1.110.623.438.195.25.516.8
Apr1.57.818.649.596.94.812.3
May1.85.414.163.597.95.08.7
Jun1.93.611.274.099.04.97.2
Jul2.13.410.574.398.95.77.5
Aug1.93.311.665.198.45.610.4
Sept2.24.614.358.197.15.614.4
Oct1.66.518.149.696.45.419.8
Nov1.68.320.844.796.55.322.6
Dec1.310.324.633.793.85.625.5

source: Australian Government Bureau of Meteorology



Internet Speed

Fibre to the Basement (vectored or non-vectored)

Fibre to the Curb

Fibre to the Node

Fibre to the Premises

Satellite


Nearby Suburbs

Lake WendoureeRedanBallarat CentralDelacombeLake GardensAlfredtonMount PleasantSoldiers HillBakery HillGolden Point

Public Transport

Clunes - Greater then 10KM Bullarto - Greater then 10KM Musk - Greater then 10KM Ballarat - Less than 5 KM Daylesford - Greater then 10KM Creswick - Greater then 10KM Ballan - Greater then 10KM

General Points of Interest

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