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Suburb Insights ยท VIC 3015

Newport 3015, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Newport is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 13,658, making it a smaller community. Located approximately 8 km from the Melbourne CBD, Newport is a middle ring area in Victoria. The median household income is $138,164 AUD per year (ABS 2021 Census).

Investment Score

79 / 100 Good

Above-average earnings in Newport support sustained property values. Its proximity to the CBD adds a strong location premium.

Location

Map shows Newport, Victoria, Australia.

Key Indicators

Postcode
3015

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

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Population
13,658

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

ABS Census Data โ†’
Median Rent (weekly)
$471/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
$138,164/yr

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

ABS Census Data โ†’
Distance to CBD
8 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
3

Estimated 3 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
5

Estimated 5 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,507/mo

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

ABS Census Data โ†’
Dwelling Type
61% 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

Newport's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $471/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,507/month. A median household income of $138,164/year supports premium property values and indicates a well-employed resident base.

Investment Strategy

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Buy & Hold

Solid fundamentals in Newport support capital growth over a medium to long hold period.

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Rental Yield

Strong tenant demand in Newport underpins consistent rental income and low vacancy risk.

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Renovation / Flip

Newport's established market and growing population make it a viable location for value-add renovations.

Risk Factors

Run the numbers on a Newport property

Full Property Analysis

30-year projections for Newport

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

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

The outlook for capital growth in Newport is encouraging heading into 2026, driven by constrained supply and buyer competition. The rental market in Newport should see steady occupancy, with moderate upward pressure on rents. Newport remains on the radar of active property investors in Victoria.

Frequently Asked Questions

Is Newport a good suburb for investment?

Newport is a middle ring area in Victoria with a population of 13,658. The median rent is $471/week and the median household income is $138,164/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 Newport?

Key demand drivers in Newport include established amenities and transport access. 61% of dwellings are separate houses. The area has approximately 3 schools and 5 parks nearby.

What is the population of Newport?

According to the ABS 2021 Census, Newport has a population of approximately 13,658. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Newport from the Melbourne CBD?

Newport is approximately 8 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

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