Newport is a mid-sized suburb in New South Wales within the Northern Beaches local government area (postcode 2106). It is home to about 9,659 residents, with a mature demographic and a median age of 46. Households earn a median income of $129K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.5% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, technicians & trades. Employment in the area leans toward professional services and construction. The top ancestries reported are English, Australian, Irish.
Newport has a median house price of $3.5 million, which has surged by 17.6% year-on-year. Units have a median price of $1.3 million (-0.8% YoY). The current median weekly rent is $788. This gives a gross rental yield of approximately 1.2%. 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 1,515 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 1.2% (low yield). Property prices are above the state median ($3.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 26.9x is considered stretched. House prices have moved +17.6% year-on-year. Population growth of +0.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.