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City of Hobsons Bay
Newport

Newport Property Market
& Suburb Profile

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MEDIAN PRICES IN NEWPORT

Median house price

(all agencies, last 12 months)$1.2m*

House price change

(all agencies, last 12 months)+0.41%

Median unit price

(all agencies, last 12 months)$749k*

Unit price change

(all agencies, last 12 months)-5.25%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

NEWPORT PRICE TRACKER

HousesUnits

NEWPORT SALES OVERVIEW

  • Sold by Auction 58%
  • Sold by Private Sale or Other Method 42%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)31

Average days on market (units)

(all agencies, 12 months)37

Auction clearance rate in Newport

(all agencies, last 12 months)61%

Average held period in Newport

(proptrack)12 years

NEWPORT INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$736pw

House rental price change

(all agencies, last 12 months)0.01%

Median rental price for Units

(all agencies, last 12 months)$579pw

Unit rental price change

(all agencies, last 12 months)0.05%

Average rental yield for Houses

(all agencies, last 12 months)2.89%

Average rental yield for Units

(all agencies, last 12 months)4.07%

Newport total population size

(as at the last census)13,658

Median household size in Newport

(as at the last census)2.6

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

NEWPORT PROPERTY TYPES

  • Houses 48%
  • Units 19%
  • Other 33%

OCCUPANCY IN NEWPORT

  • Owned 70%
  • Rented 29%
  • Other/Not Stated 1%
  • Singles 22%
  • Families 75%
  • Other 3%

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ABOUT NEWPORT

Newport is a prestigious and well-established coastal suburb located southwest of the Melbourne CBD. Historically known for its maritime roots and as a major railway industry hub, it has evolved into a sophisticated residential enclave that balances heritage workers' cottages with grand period estates and modern luxury developments.

Newport suburb is a central pillar of the inner west, celebrated for its expansive green spaces, burgeoning arts scene, and strategic position along the shoreline of Port Phillip Bay.

The lifestyle in Newport is defined by its deep connection to the water and its commitment to community-focused recreation. Social life is centered on the Hall Street and Mason Street precincts, where residents enjoy an array of boutique cafes, artisanal bakeries, and heritage pubs. A major environmental landmark is the Newport Lakes Reserve, a sprawling bushland oasis created from a former bluestone quarry. This sanctuary features two large lakes, extensive walking trails, and a stepping-stone crossing that allows visitors to explore a tranquil habitat filled with native birdlife and flora. Along the foreshore, The Strand offers panoramic views of the city skyline across the Yarra River, while the nearby Sandy Point Nature Reserve provides a vital sanctuary for local and migratory shorebirds.

Infrastructure and transport remain fundamental to the suburb's character. Newport serves as a critical junction for the rail network, providing direct links to the city and the surrounding coastal suburbs. The ongoing modernization of the rail corridor, including the removal of level crossings, is a primary focus for the region, aimed at improving safety and connectivity between residential and industrial pockets. These enhancements are designed to foster a more walkable and safe environment for the thousands of daily commuters and local families who navigate the precinct.

Education and the arts are cornerstone features of the community. The suburb is home to several highly regarded schools, including Newport Lakes Primary and Newport Gardens Primary, which foster a strong sense of local belonging. Cultural life is anchored by The Substation, a repurposed historic electrical substation that now serves as a premier contemporary arts hub. This iconic neo-classical building hosts a diverse program of performances, exhibitions, and artists' markets, reflecting the suburb's transformation into a creative destination. Additionally, the Newport Railway Museum preserves the area's industrial history, offering a glimpse into the locomotives and carriages that once defined the local economy.

From a property perspective, Newport is a resilient and high-demand market with a strong owner-occupier foundation. The housing stock is a desirable mix of meticulously restored Victorian and Edwardian homes, California Bungalows, and contemporary townhouses. The suburb's appeal is driven by its rare combination of village-style intimacy and elite metropolitan access.

With its unique blend of industrial heritage, world-class parklands, and serene natural beauty, Newport remains one of the most aspirational residential choices for those seeking a balanced, coastal-adjacent lifestyle.

Education

Australian Islamic Centre College
Newport Gardens Primary School
Newport Lakes Primary School
Sacred Heart School
Westbourne Grammar School
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NEWPORT MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
20260-no change0$0pw%
2025345$989,2500.41%352$658pw3.48%
2024289$1,005,000-2.40%413$639pw3.57%
2023230$1,012,500-0.40%410$617pw3.40%
2022250$1,001,7502.87%559$551pw3.14%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20260-no change
2025345$989,250+0.41%
2024289$1,005,000-2.40%
2023230$1,012,500-0.40%
2022250$1,001,750+2.87%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20260$0pw%
2025352$658pw3.48%
2024413$639pw3.57%
2023410$617pw3.40%
2022559$551pw3.14%

PROUDLY SERVICING NEWPORT

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*The State of Victoria owns the copyright in the property sales data and reproduction of that 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 licensed material 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.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 December 2024 to 31 December 2025, last updated 31 December 2025.