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ABS 2021 Census · Updated 21 May 2026
Newtown is a coastal suburb in Victoria, Australia, with a population of approximately 10,445, making it a smaller community. Located approximately 115 km from the Melbourne CBD, Newtown is a coastal area in Victoria. The median household income is $53,300 per year.
Newtown's income profile suggests a value-oriented market with competitive purchase prices. Seaside positioning attracts both owner-occupiers and holiday rental demand.
Official Australia Post postcode for Newtown. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at the most recent census.
Weekly median rent for occupied homes. Live rental data integration coming soon.
Annual median household income (before tax) across all households.
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 3 schools within or near this suburb.
Find schools near Newtown on My School →Estimated 4 parks and green spaces near this suburb.
Monthly median mortgage repayment for households currently paying off a mortgage.
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Newtown's population of 10,445 sits 41% above the Victoria suburb median of 7,416, giving it a wider tenant and buyer catchment than the average VIC locality. Newtown's median household income of $53,300/year is 44% below the Victoria suburb median ($95,160) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. Weekly rent of $103 covers just 34% of the median $1,300/month mortgage repayment, leaving a $854/month gap — investors should only pursue this suburb with a clear capital-growth thesis and sufficient external income to fund the shortfall. Newtown is 115 km from Melbourne, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.
Coastal markets benefit from lifestyle appeal but require a buffer for higher insurance and occasional weather-driven vacancies. Local rents consume roughly 10% of household income — a useful sanity check on tenant affordability.
How Newtown stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Newtown sits above the state median; negative means below.
| Metric | Newtown | VIC median | Δ vs state |
|---|---|---|---|
| Population | 10,445 | 7,416 | +41% |
| Median household income | $53,300/yr | $95,160/yr | -44% |
| Median rent (weekly) | $103 | $380 | -73% |
| Median mortgage (monthly) | $1,300 | $1,950 | -33% |
| Distance to CBD | 115 km | 32 km | +259% |
| Separate houses | 90% | 78% | +12pp |
Pre-inspection briefing for Newtown — every item is derived from public datasets, with full citations in our data sources page.
Limited buy-and-hold upside: household incomes 44% below the VIC median ($53,300 vs $95,160) means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.
Weak cash flow: $103/week rent covers only 34% of the $1,300/month median mortgage — a $854/month gap that must be funded from other income. This suburb is a capital-growth play, not a yield play.
A dwelling mix skewed to houses (90% vs 78% VIC median) combined with a population of 10,445 creates a deeper market for value-add renovations — older stock, separate titles and stronger buyer competition are the usual pattern here.
Run the numbers on a Newtown property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital-growth expectations for Newtown are modest for 2026 — incomes 44% below the VIC median of $95,160 suggest gains will lag headline metro markets. Rental coverage runs at ~34% of the typical mortgage ($446/month rent vs $1,300/month repayment), meaning investors will rely on capital growth rather than yield. The EquitySight investment score of 39/100 places Newtown in the lower tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.
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Newtown scores 39/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 10,445, median household income of $53,300/year and median weekly rent of $103. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.
The main demand drivers in Newtown are a median household income of $53,300/year, a dwelling mix that is 90% separate houses, roughly 3 schools and 4 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.
Newtown has a usual resident population of approximately 10,445, compared with a Victoria suburb median of 7,416 — placing it in the upper half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.
Newtown sits 115 km straight-line from the Melbourne CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.
The most recent census recorded a median weekly rent of $103 in Newtown, equating to approximately $5,356/year in gross rental income (state median $380/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.
The median monthly mortgage repayment in Newtown is $1,300, or approximately $15,600/year (vs $1,950/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.
A median weekly rent of $103 works out to $446/month, covering 34% of the median mortgage repayment of $1,300/month. That leaves a $854/month shortfall (around $10,248/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.
The main risks are interest-rate sensitivity on the $1,300 median mortgage, below-median household incomes ($53,300 vs $95,160 state median), the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.