True Cost of Buying in Newport

Market Intelligence

Newport, NSW 2106, is a highly sought-after suburb on the Northern Beaches, offering a unique blend of lifestyle and investment opportunities. With a median house price of $2,850,000 and median unit price of $1,450,000, Newport is positioned at the higher end of the market, catering to families and professionals seeking a desirable coastal lifestyle. The suburb's population of 3200 enjoys a median income of $125,000, reflecting the area's affluent demographic. A walkability score of 65.0/100 and schools rating of 7.0/10 indicate a convenient and family-friendly environment, while a safety rating of 8.0/10 provides peace of mind for residents. Although located 31.0km from the CBD, Newport's investment score of 78.0/100 and growth potential of 82.0/100 make it an attractive proposition for investors, with rental yields of 2.8% for houses and a low vacancy rate of 1.8%. As a result, Newport is well-positioned for long-term capital growth and rental income, making it an appealing choice for both owner-occupiers and investors.