All About Newry, Wellington, VIC, 3859
Newry, a small town in Wellington Shire, Victoria, offers a serene and rural lifestyle, attracting those seeking a peaceful escape from the hustle and bustle of city living. The housing market in Newry reflects this tranquil environment, with properties often featuring ample land, providing residents with generous space and privacy. Homes in this area typically range from classic country houses to modern builds, often incorporating elements that blend with the surrounding natural beauty. While the housing market maintains a steadiness typical of rural Victoria, potential buyers or renters might find that properties here can offer more affordability compared to urban centers, making it an attractive option for those looking to capitalize on larger plots of land or more spacious dwellings at a reasonable cost.
Living in Newry presents a lifestyle deeply connected with nature and community. This small town atmosphere fosters close relationships among residents, with local events and gatherings being a staple in the community calendar. The surrounding landscape offers ample opportunities for outdoor activities, including hiking, cycling, and fishing in the nearby lakes and rivers. Despite its rural charm, Newry is relatively well-connected, with the town of Sale and its amenities only a short drive away. This balance of seclusion and accessibility makes Newry a compelling choice for families, retirees, or anyone looking to enjoy a quieter pace of life without sacrificing access to essential services and leisure activities.
Household Makeup
| Median Weekly Rent | $217.00 |
| Median Monthly Mortgage | $1440.00 |
| Median Persons Per bed houseroom | 0.75 |
| Average Household Size | 3.00 |
| Average Age | 40.00 |
| Average Income | $810.00 |
| Average Cars Per Dwelling | 2.52 |
| Average Properties Within 50M | 2 |
| Typical 2 bed house | $758,000 |
| Typical 3 bed house | $394,000 |
| Typical 4 bed house | $784,000 |
| Typical 5 bed house | |
| Typical 6 bed+ house | $556,000 |
Housing Stock
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Newry Real Estate Market Outlook
Thinking about buying in Newry? Now could not be a better time, with just 278 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $556,000 with prices in this suburb ranging from $277,000 to $1,336,000. The aproximate distance to the coast is 49 Km.
Consistent high demand relative to supply is a key feature in Newry driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. 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 Newry due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Newry provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Newry to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Newry the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property ValuationLocal Schools
None within suburb boundary
(While the above schools are located with the suburb of Newry there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Newry weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 2.1 | 13.5 | 26.5 | 44.2 | 90.7 | 2.2 | 22.5 |
| Feb | 2.5 | 13.5 | 24.8 | 49.9 | 93.5 | 2.0 | 18.8 |
| Mar | 2.6 | 12.4 | 22.4 | 52.7 | 92.5 | 2.1 | 15.0 |
| Apr | 2.5 | 10.4 | 19.0 | 57.8 | 93.2 | 2.2 | 11.7 |
| May | 1.4 | 8.0 | 15.2 | 58.4 | 90.3 | 2.6 | 9.3 |
| Jun | 2.8 | 6.0 | 12.5 | 62.9 | 91.8 | 2.5 | 7.5 |
| Jul | 2.4 | 5.4 | 12.6 | 56.5 | 89.3 | 2.9 | 8.0 |
| Aug | 1.9 | 5.4 | 13.5 | 53.3 | 90.0 | 2.8 | 10.5 |
| Sept | 2.0 | 7.1 | 16.9 | 47.9 | 91.7 | 2.8 | 14.8 |
| Oct | 2.9 | 8.6 | 19.4 | 48.1 | 92.5 | 2.4 | 18.3 |
| Nov | 3 | 10.2 | 21.8 | 49.2 | 93.9 | 2.4 | 22.0 |
| Dec | 2.7 | 11.9 | 24.4 | 44.2 | 92.4 | 2.2 | 24.4 |
source: Australian Government Bureau of Meteorology
Public Transport
Walhalla - Greater then 10KM
Sale - Greater then 10KM
Rosedale - Greater then 10KM
Stratford - Greater then 10KM
General Points of Interest
Newry Golf Club - Less than 2 KM
Green Hill Lookout - Less than 10 KM
Nearby Suburbs
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