Thinking about buying in Newport? Now could not be a better time, with 7046 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,475,000 with prices in this suburb ranging from $83,000 to $20,294,000. Newport is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Newport Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Newport due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Newport classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Newport requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Newport

	74 aegean av, newport, qld, 4020	4	2	2	Offers Over $1,300,000
	56 lionheart cr, newport, qld, 4020	4	2	4	Presenting All Offers
	69 morna st, newport, qld, 4020	4	2	2	Offers Over $1,549,000
	196 spinnaker bvd, newport, qld, 4020	5	3	2	Offers Over $1,395,000
	59 quay cct, newport, qld, 4020	4	5	2	For Sale
	4 orchard way, newport, qld, 4020	4	3	3	Offers Over $1,695,000
	31 aqua st, newport, qld, 4020	5	4	2	Offers Over $3,000,000
	unit 11, 156 griffith rd, newport, qld, 4020	3	2	1	$1.075M
	122 quay cct, newport, qld, 4020	5	4	2	Offers over $1.75M

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