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Suburb Insights ยท VIC 3551

Newbridge 3551, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Newbridge is a regional centre in Victoria, Australia, with a population of approximately 171, making it a boutique locality. Located approximately 151 km from the Melbourne CBD, Newbridge is a regional area in Victoria. The median household income is $54,132 AUD per year (ABS 2021 Census).

Investment Score

23 / 100 Weak

Household earnings in Newbridge are below the state average, which may affect long-term capital growth. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Newbridge, Victoria, Australia.

Key Indicators

Postcode
3551

Official Australia Post postcode for Newbridge. A postcode may cover multiple suburbs.

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Population
171

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$200/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$54,132/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
151 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$867/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
82% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Newbridge serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $200/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $867/month. 82% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Capital growth in Newbridge may be constrained โ€” consider alternative strategies.

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Rental Yield

Newbridge's rental market is softer โ€” budget for potential vacancy periods.

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Renovation / Flip

The resale market in Newbridge may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Newbridge property

Full Property Analysis

30-year projections for Newbridge

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Price movement in Newbridge is expected to be flat to modest in 2026, reflecting broader regional market conditions. The rental pipeline in Newbridge is thinner โ€” flexible lease terms could help secure tenants faster. Investor sentiment toward Newbridge is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is Newbridge a good suburb for investment?

Newbridge is a regional area in Victoria with a population of 171. The median rent is $200/week and the median household income is $54,132/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Newbridge?

Key demand drivers in Newbridge include regional employment hubs, lifestyle, and affordability. 82% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Newbridge?

According to the ABS 2021 Census, Newbridge has a population of approximately 171. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Newbridge from the Melbourne CBD?

Newbridge is approximately 151 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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