Newport is a mid-sized suburb in New South Wales within the Northern Beaches local government area (postcode 2106). With a population of 9,659, the suburb has a mature demographic with a median age of 46. Households earn a median income of $129K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Newport is $2.9 million, having declined 3.3% over the past year. Units have a median price of $880,000 (-28.2% YoY). The current median weekly rent is $788. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $3,000.
Newport is served by 1 school, including 1 primary. The average ICSEA score is 1093, which is above the national average of 1,000. Public transport access includes 1 ferry wharf, 29 bus stops. The crime rate in the Northern Beaches LGA is low at 1,499 incidents per 100,000 population.
From an investment perspective, Newport offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($2.9M/$1.5M), placing it in the premium segment. The price-to-income ratio of 22.5x is considered stretched. House prices have moved -3.3% year-on-year.
Newport is a mid-sized suburb in New South Wales within the Northern Beaches local government area (postcode 2106). With a population of 9,659, the suburb has a mature demographic with a median age of 46. Households earn a median income of $129K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Newport is $2.9 million, having declined 3.3% over the past year. Units have a median price of $880,000 (-28.2% YoY). The current median weekly rent is $788. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $3,000.
Newport is served by 1 school, including 1 primary. The average ICSEA score is 1093, which is above the national average of 1,000. Public transport access includes 1 ferry wharf, 29 bus stops. The crime rate in the Northern Beaches LGA is low at 1,499 incidents per 100,000 population.
From an investment perspective, Newport offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($2.9M/$1.5M), placing it in the premium segment. The price-to-income ratio of 22.5x is considered stretched. House prices have moved -3.3% year-on-year.