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Profiles
Nearby Suburbs
Real Estate Market: Is Nowa Nowa VIC 3887 a Good Suburb to Buy Into?
Housing Market in Nowa Nowa
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| $475 | Bottom 15% |
|
||
| Premium | Premium | Premium |
Housing Supply in Nowa Nowa
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
Nowa Nowa
46.1%
Nowa Nowa
46.1%
Latrobe
33.6%
Latrobe
33.6%
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| 0 | Bottom 38% | Data for Jun 2025 | ||
| 3.9 | Top 35% | Data for Jul 2023 | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 0 | Bottom 26% | Data for Apr 2025 |
Housing Stock Quality in Nowa Nowa
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% |
|
||
| 2.1 | Bottom 20% |
|
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| 0.0% | Bottom 37% | Data for Jun 2023 |
Development Restrictions in Nowa Nowa
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
Nowa Nowa
22.9%
Nowa Nowa
22.9%
Latrobe
30.6%
Latrobe
30.6%
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| 54.0 sq km | Top 20% | Data for Jan 2021 | ||
| 0.0 sq km | Top 41% | Data for Jun 2023 | ||
| 8830 sqm per resident | Top 17% | Data for Jan 2021 |
Risk in Nowa Nowa
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
Nowa Nowa
34.5
Nowa Nowa
34.5
Latrobe
36.1
Latrobe
36.1
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| 100.0% | Top 11% | Data for May 2023 | ||
| 0.0% | Bottom 11% | Data for May 2023 | ||
| 34 | Top 45% | Data for Jun 2023 | ||
| $682 | Bottom 4% |
|
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| 74 | Bottom 23% | Data for Jun 2023 | ||
| 68 | Bottom 15% | Data for Jun 2023 | ||
| 19.3% | Bottom 34% |
|
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| 35.4% | Bottom 40% |
|
Housing Demand in Nowa Nowa
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, 2006 - 2030
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
Nowa Nowa
47.4%
Nowa Nowa
47.4%
Latrobe
55.8%
Latrobe
55.8%
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| 6530 | Bottom 22% |
|
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| 49300 | Bottom 33% |
|
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| Premium | Premium | Premium | ||
| 51000 | Top 26% |
|
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| Premium | Premium | Premium | ||
| Premium | Premium | Premium |
Unit Market in Nowa Nowa
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| 85.9% | Top 29% |
|
LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | East Gippsland |
Turnover Rate by Street (15)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 104.2% | Princes Hwy | high turnover | Every 9.6 years (high turnover) | 2025 |
| 112.5% | Gorge Rd | very high turnover | Every 8.9 years (very high turnover) | 2025 |
| 100.0% | Boarding House Ln | high turnover | Every 10.0 years (high turnover) | 2025 |
| 150.0% | Wandin Way | very high turnover | Every 6.7 years (very high turnover) | 2025 |
| 75.0% | Bruthen-Buchan Rd | average turnover | Every 13.3 years (average turnover) | 2025 |
Percent of Renters by Street (19)
| Percent of Renters | Street |
|---|---|
| 0.0% | Boarding House Ln |
| 0.0% | Bridge St |
| 0.0% | Bruthen-Buchan Rd |
| 0.0% | Forest Rd |
| 0.0% | Frasers Rd |
Planning Applications: Other (5)
| Headline | Place | Date |
|---|---|---|
| Buildings and works associated with a Section 2 Use (Caravan and Camping Park) - East Gippsland Shire Council 144/2023/P | 2050 Princes Highway Nowa Nowa, VIC | 11 May 2023 |
| Use and Development for a Domestic Animal Husbandry and associated kennels - East Gippsland Shire Council 229/2021/P | 8-12 Tom Street Nowa Nowa, VIC | 30 Apr 2021 |
| Packaged Liquor Licence - Victorian Commission for Gambling and Liquor Regulation 69099A01 | 2081 Princes Hwy, Nowa Nowa 3887, VIC | 19 Jan 2021 |
| Change of Use - East Gippsland Shire Council 485/2020/P | 11 Hall Road Nowa Nowa, VIC | 31 Oct 2020 |
| Use of the land for packaged liquor sales - East Gippsland Shire Council 291/2020/P | 2081 Princes Highway Nowa Nowa, VIC | 31 Jul 2020 |
Planning Applications: Dwellings (4)
| Headline | Place | Date |
|---|---|---|
| Buildings and Works for a Dwelling in Bushfire Management Overlay - East Gippsland Shire Council 29/2023/P | 4A Gorge Road Nowa Nowa, VIC | 18 Feb 2023 |
| Building and works for a dwelling in the BMO, including earthworks in the EMO - East Gippsland Shire Council 379/2022/P | 19 Wandin Way Nowa Nowa, VIC | 24 Aug 2022 |
| Siting of Prefabricated Dwelling and Creation of Access in a Transport Zone 2 - East Gippsland Shire Council 195/2022/P | 62 Red Knob Road Nowa Nowa, VIC | 25 Apr 2022 |
| Buildings and works for a replacement dwelling - East Gippsland Shire Council 234/2020/P | 13 Boarding House Lane Nowa Nowa, VIC | 23 Jun 2020 |
Recently Sold Houses (42)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| 1979 Princes Hwy | Price Withheld | 5.0 | 1.0 | 13 Nov 2024 | 0 | On Market | |
| 1979 Princes Hwy | Price Withheld | 5.0 | 1.0 | 4.0 | 13 Nov 2024 | 0 | On Market |
| 2071 Princes Hwy | $145,000 | 0.0 | 0.0 | 0.0 | 14 Jun 2024 | 0 | On Market |
| 23 Wandin Way | Price Withheld | 0.0 | 0.0 | 0.0 | 01 May 2024 | 0 | On Market |
| 11 Hall Rd | Price Withheld | 2.0 | 1.0 | 0.0 | 29 Dec 2023 | 0 | On Market |
Median House Sale Prices by Street (100)
| Street | Date | Median sale value |
|---|---|---|
| Princes Hwy | 10 May 2024 | $417,500 |
| Boarding House Ln | 06 Oct 2023 | $138,800 |
| Nowa Nowa-Old Buchan Rd | 06 Oct 2023 | $207,000 |
| Red Knob Rd | 06 Oct 2023 | $185,000 |
| Gorge Rd | 06 Oct 2023 | $66,970 |
Recent Rental House Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date | Subdivisible into |
|---|---|---|---|---|---|---|
| 2306 Princes Hwy | Price Withheld | 4 | 2 | 18 Oct 2019 | 0 | |
| 2306 Princes Hwy | Price Withheld | 4 | 2 | 18 Oct 2019 | 0 | |
| 2306 Princes Hwy | Price Withheld | 4 | 2 | 18 Oct 2019 | 0 | |
| 2306 Princes Hwy | Price Withheld | 4 | 2 | 18 Oct 2019 | 0 | |
| 2306 Princes Hwy | Price Withheld | 4 | 2 | 18 Oct 2019 | 0 |
Recently Sold Units (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| 2071 Princes Hwy | $145,000 | 0.0 | 0.0 | 0.0 | 14 Jun 2024 | On Market |
| 2071 Princes Hwy | $145,000 | 0.0 | 0.0 | 0.0 | 14 Jun 2024 | On Market |
| 2071 Princes Hwy | $145,000 | 0.0 | 0.0 | 0.0 | 14 Jun 2024 | On Market |
| 2071 Princes Hwy | $145,000 | 0.0 | 0.0 | 0.0 | 14 Jun 2024 | On Market |
| 2071 Princes Hwy | $145,000 | 0.0 | 0.0 | 0.0 | 14 Jun 2024 | On Market |
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