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.

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

	UNIT 1, 8-10 BALLATER AV, NEWTOWN, VIC, 3220	2	1	1	$495,000 - $535,000
	33 LAUREL BANK PDE, NEWTOWN, VIC, 3220	3	1	2	$1,350,000 - $1,400,000
	6B ELCHO ST, NEWTOWN, VIC, 3220	4	3	1	$999,000 - $1,089,000
	UNIT 5, 4 PILRIG AV, NEWTOWN, VIC, 3220	3	2	2	$599,000 - $658,000
	UNIT 10, 40-42 PERCY ST, NEWTOWN, VIC, 3220	3	2	2	$780,000 - $830,000
	21 ROEBUCK ST, NEWTOWN, VIC, 3220	4	2	1	$1,695,000 - $1,795,000
	1A FRANK ST, NEWTOWN, VIC, 3220	3	2	2	$1,350,000 - $1,430,000
	UNIT 6, 10 BOSANQUET AV, NEWTOWN, VIC, 3220	2	1	1	$575,000
	1 RUTHVEN ST, NEWTOWN, VIC, 3220				Contact agent for price
	UNIT 7, 10 BOSANQUET AV, NEWTOWN, VIC, 3220	2	1	1	$575,000
	52 CLARKE ST, NEWTOWN, VIC, 3220	4	2	1	$1,870,000 - $1,990,000
	19 GAIRLOCH GR, NEWTOWN, VIC, 3220	4	2	3	$1,725,000 - $1,795,000
	60 FAIRVIEW AV, NEWTOWN, VIC, 3220				$850,000
	134 WEST FYANS ST, NEWTOWN, VIC, 3220	3	1	1	$870,000 - $915,000
	54 SHERBOURNE TCE, NEWTOWN, VIC, 3220	2	1	2	$580,000 - $620,000
	24 QUEENS PARK RD, NEWTOWN, VIC, 3220	3	3	2	$979,000 - $1,049,000
	UNIT 1, 272 LATROBE TCE, NEWTOWN, VIC, 3220	5	2	1	$1,450,000 - $1,490,000
	UNIT 3, 325 AUTUMN ST, NEWTOWN, VIC, 3220	4	2	2	$1,149,000 - $1,250,000
	UNIT 1, 7 CHESTERFIELD CT, NEWTOWN, VIC, 3220	3	2	2	910000
	19 CLARKE ST, NEWTOWN, VIC, 3220	4	3	3	1190000

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General Points of Interest

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