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Profiles
Nearby Suburbs
Real Estate Market: Is Newry VIC 3859 a Good Suburb to Buy Into?
Housing Market in Newry
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| $476 | Bottom 16% |
|
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| Premium | Premium | Premium |
Housing Supply in Newry
The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Newry
33.8%
Newry
33.8%
Latrobe
33.6%
Latrobe
33.6%
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| 242 | Top 14% |
|
||
| 1.7 | Bottom 38% | Data for Jul 2023 | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 2 lots | Bottom 17% | Data for Jul 2022 | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 0 | Bottom 24% |
|
Housing Stock Quality in Newry
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| 100.0% | Top 31% | Data for Jan 2021 | ||
| 2.7 | Top 30% |
|
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| 0.0% | Bottom 37% | Data for Jun 2023 |
Development Restrictions in Newry
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
Newry
21.4%
Newry
21.4%
Latrobe
30.6%
Latrobe
30.6%
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| 64.0 sq km | Top 18% | Data for Jan 2021 | ||
| 0.0 sq km | Bottom 39% | Data for Jun 2023 | ||
| 27700 sqm per resident | Top 8% | Data for Jan 2021 |
Risk in Newry
The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Newry
31.0
Newry
31.0
Latrobe
36.1
Latrobe
36.1
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| 95.9% | Top 34% |
|
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| 4.1% | Bottom 34% |
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| 28 | Bottom 35% | Data for Jun 2023 | ||
| $11,700 | Top 1% | Data for May 2023 | ||
| 78 | Top 49% | Data for Jun 2023 | ||
| 76 | Bottom 48% | Data for Jun 2023 | ||
| 19.3% | Bottom 34% |
|
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| 47.2% | Top 28% |
|
Housing Demand in Newry
The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 1975 - 2030
Sources: ABS, TORREN, Property Listings and Microburbs, 1975 - 2030
Newry
45.0%
Newry
45.0%
Latrobe
55.8%
Latrobe
55.8%
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 16900 | Top 30% |
|
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| 46000 | Bottom 30% |
|
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| Premium | Premium | Premium | ||
| 46000 | Top 28% |
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| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium |
Unit Market in Newry
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| $374 | Bottom 15% |
|
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| Premium | Premium | Premium | ||
| 75.4% | Top 50% |
|
LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | Wellington |
Median House Rental Prices by Street (1)
| Level_0 | Street | Date | Median rent (per week) |
|---|---|---|---|
| 79063 | Main St | 08 Jan 2025 | $410 |
Percent of Renters by Street (33)
| Percent of Renters | Street |
|---|---|
| 0.0% | Commonyard Rd |
| 0.0% | Boisdale-Newry Rd |
| 100.0% | Centre St |
| 0.0% | Factory Ln |
| 0.0% | Dawson St |
Accommodation Options (2)
| Headline | Place | Datetime |
|---|---|---|
| Farmer's Arms Hotel | 61 Main St | |
Turnover Rate by Street (27)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 40.0% | Lower Newry Rd | very tightly held | Every 25.0 years (very tightly held) | 2025 |
| 100.0% | Rautmans Rd | high turnover | Every 10.0 years (high turnover) | 2025 |
| 77.8% | Kentucky Rd | average turnover | Every 12.9 years (average turnover) | 2025 |
| 37.5% | Upper Maffra Rd | very tightly held | Every 26.7 years (very tightly held) | 2025 |
| 100.0% | Summerlea Rd | high turnover | Every 10.0 years (high turnover) | 2025 |
Planning Applications: Dwellings (1)
| Headline | Place | Date |
|---|---|---|
| The proposal seeks to alter the existing title boundaries to offer an improvement to existing site conditions and a more even distribution to title boundaries. It will allow for better use of the site. The proposal also seeks permission to use and construct group accommodation on site. A total of three accommodation units are proposed that can either be used individually or as one by a larger group. They are well located on the site away from the existing dwelling, site boundaries and an existing waterway on site. The accommodation units are proposed to be used as per the existing dwelling on site and managed and maintained by the application. The proposal seeks to create a carriageway easement within Lot 1 to provide legal access to Lot 2 whilst retaining the existing crossing and driveway to Kentucky Road. The provision of a carriageway easement negates the requirements for a new driveway to Kentucky Road which is a heavily vegetated roadside. - Streamlined Planning through Electronic Applications and Referrals S218207M | 263 Kentucky Road, Newry VIC 3859 | 06 Sep 2023 |
Planning Applications: Other (2)
| Headline | Place | Date |
|---|---|---|
| Variation of Licence - Victorian Commission for Gambling and Liquor Regulation 13342A13 | Main Road, Newry 3859, VIC | 10 Sep 2020 |
| Certification of a Plan - Streamlined Planning through Electronic Applications and Referrals S162387P | 97 Rautmans Road, Newry VIC 3859 | 06 Sep 2020 |
Recently Sold Houses (51)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| 100 Main St | $320,000 | 3.0 | 1.0 | 1.0 | 22 Feb 2025 | 0 | On Market |
| 365 Commonyard Rd | $740,000 | 4.0 | 2.0 | 4.0 | 29 Jan 2025 | 0 | On Market |
| 2 Mccole St | $145,000 | 0.0 | 0.0 | 0.0 | 27 Nov 2024 | 0 | On Market |
| 9 Mccole St | $330,000 | 2.0 | 1.0 | 1.0 | 23 Oct 2024 | 0 | On Market |
| 698 Maffra-newry Rd | Price Withheld | 4.0 | 2.0 | 7.0 | 16 Oct 2024 | 0 | On Market |
Businesses (8)
| Name | Address |
|---|---|
| Brown And Glass | Main St |
| HTM Contracting | |
| HTM Contracting | |
| HTM Contracting | |
| HTM Contracting |
Median House Sale Prices by Street (84)
| Street | Date | Median sale value |
|---|---|---|
| Dawson St | 31 May 2024 | 185100.0 |
| Hastings St | 31 May 2024 | 54870.0 |
| Main St | 31 May 2024 | 355700.0 |
| Dawson St | 30 Jun 2024 | 185800.0 |
| Hastings St | 30 Jun 2024 | 304700.0 |
Recent Rental House Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date | Subdivisible into |
|---|---|---|---|---|---|---|
| 1 Main St | $400 | 3 | 1 | 2 | 02 Oct 2024 | 0 |
| 1 Main St | $400 | 3 | 1 | 2 | 02 Oct 2024 | 0 |
| 1 Main St | $400 | 3 | 1 | 2 | 02 Oct 2024 | 0 |
| 1 Main St | $400 | 3 | 1 | 2 | 02 Oct 2024 | 0 |
| 1 Main St | $400 | 3 | 1 | 2 | 02 Oct 2024 | 0 |
Recently Sold Units (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| 365 Commonyard Rd | $740,000 | 4.0 | 2.0 | 4.0 | 29 Jan 2025 | On Market |
| 365 Commonyard Rd | $740,000 | 4.0 | 2.0 | 4.0 | 29 Jan 2025 | On Market |
| 365 Commonyard Rd | $740,000 | 4.0 | 2.0 | 4.0 | 29 Jan 2025 | On Market |
| 365 Commonyard Rd | $740,000 | 4.0 | 2.0 | 4.0 | 29 Jan 2025 | On Market |
| 2 Mccole St | $145,000 | 0.0 | 0.0 | 0.0 | 27 Nov 2024 | On Market |
Recent Rental Unit Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date |
|---|---|---|---|---|---|
| 99 Factory Ln | $390 | 3.0 | 1.0 | 01 Jul 2020 | |
| 99 Factory Ln | $390 | 3.0 | 1.0 | 01 Jul 2020 | |
| 99 Factory Ln | $390 | 3.0 | 1.0 | 01 Jul 2020 | |
| 99 Factory Ln | $390 | 3.0 | 1.0 | 01 Jul 2020 | |
| 99 Factory Ln | $390 | 3.0 | 1.0 | 01 Jul 2020 |
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