Question 1

Is Newborough a nice place to live?

Accepted Answer

Newborough is a residential suburb in the Latrobe Valley centred on Lake Narracan and its foreshore reserves, which shape everyday life with watersports, walking tracks and picnic areas. Streets mix post-war cottages and later suburban homes around a compact town centre for daily shopping and services. The community is dominated by couple families and many owner-occupied homes; Newborough is home to 6,886 people with a median age of 43.

Local sporting ovals, walking paths and community halls support active local life, while residents rely on the Princes Highway and nearby Moe train station for regional travel and neighbouring Churchill and Moe for broader education, retail and employment. A significant education project is under way—a government early learning and childcare centre at Newborough East Primary School—and there have been recent primary school upgrades, road safety improvements through the suburb and approved drainage works at WH Burrage Reserve. Whether Newborough suits you depends on whether you want a quieter, green suburb with those everyday amenities.

Question 2

Is it expensive to live in Newborough?

Accepted Answer

On the figures for Newborough, a median house price of $500,000 is about 8.3 times a typical local household's annual income at the last Census, which places buying well above what people locally earned then. Renting a house at $480 a week would take roughly 41.2% of a typical local household's weekly income at the last Census, a large share, while renting a unit at $300 a week would take about 25.7%, a moderate share. If you're renting rather than buying, those rent shares are the numbers that matter.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Newborough a good place to invest?

Accepted Answer

The clearest story in Newborough over the past 12 months is unit rents, which jumped 13.2%. House values rose a solid 7.6% over the year and house rents increased 6.7%, so the strongest single movement was on the unit-rent side while houses showed solid gains in both price and rent.

If your priority is rental income, the 13.2% rise in unit rents is the most relevant figure; if you are focused on capital growth, the 7.6% rise in house values is the figure to consider. Whether those movements make Newborough the right investment for you depends on your goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$500K	N/A
Change in value Past 12 months	7.6%	N/A
Sold Past 3 months	54	1
Median days on market Past 12 months	39	N/A
Average rent Past 12 months	$480	$300
Change in rent Past 12 months	6.7%	13.2%

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