Newcomb suburb profile
Newcomb is a suburb located just a few kilometers east of Geelong's city center in Victoria. Known for its affordability and convenience, Newcomb offers a mix of residential, commercial, and recreational amenities. The suburb is home to several schools, parks, and shopping centers, making it an attractive option for families and individuals seeking a balanced lifestyle. With easy access to public transport and major roads, Newcomb provides residents with seamless connectivity to Geelong and the surrounding areas. Its community-focused atmosphere and ongoing development contribute to its growing appeal among homebuyers and investors.
Newcomb property market performance
Current median dwelling price$603,750Past 3 months
Property growth+9.8%Past 12 months
Newcomb’s property market has shown positive growth over the past 12 months, with house values increasing by 10.7%. The current median house price stands at $650,000, indicating strong demand in the area. Although unit values have only seen a modest rise of 2.1%, the market remains active.
In terms of sales activity, 36 houses and 6 units have been sold over the last 12 months. Properties are moving quickly, with houses spending a median of just 15 days on the market, while units take slightly longer at 16 days, reflecting a brisk pace in both sectors.
The rental market in Newcomb has also experienced growth, with average rents for houses increasing by 6.7% and units by 5.3% over the last 12 months. This suggests a healthy demand for rental properties in the suburb.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | $688K | $520K |
Change in value Past 12 months | 14.3% | 5.3% |
Sold Past 3 months | 30 | 10 |
Median days on market Past 12 months | 15 | 15 |
Average rent Past 12 months | $480 | $400 |
Change in rent Past 12 months | 6.7% | 3.9% |
5 year median price trend for houses and units
Newcomb demographics
Newcomb, a suburb located in the city of Greater Geelong, Victoria, offers a blend of suburban tranquility and convenient access to urban amenities. With a population of 4,704, Newcomb is a community that appeals to a diverse range of residents, including families, professionals, and retirees. The median age of 40 suggests a mature community, with many residents likely enjoying the balance of family life and work commitments.
The suburb's housing landscape is varied, with a significant portion of properties being rented, accounting for 42.4% of the housing market. This indicates a flexible living environment, appealing to those who prefer renting over home ownership. Meanwhile, 31.7% of properties are owned outright, and 25.9% are owned with a mortgage, reflecting a stable base of long-term residents and new homeowners.
Family dynamics in Newcomb are diverse, with couple families without children making up 42.6% of the family households, followed by couple families with children at 29.0%. One-parent families also form a substantial part of the community, representing 25.7% of families. This mix of family types contributes to a supportive and inclusive community atmosphere. With a median total household income of $1,148 per week, Newcomb offers an affordable lifestyle, making it an attractive option for those seeking a balance between cost of living and quality of life.
Suburbs near Newcomb
Some popular suburbs near Newcomb include:
How does Newcomb compare to nearby suburbs?
- Median house prices: Newcomb’s median house price is 11.2% higher than Whittington’s.
- House price growth: Over the past 12 months, house prices in Newcomb have grown 2.9% higher than in Whittington.
- Unit price growth: Over the past 12 months, unit prices in Newcomb have grown 8.1% higher than in St Albans Park.
- Selling speed for houses: Properties in Newcomb are selling 21.1% faster than in Thomson.
- Selling speed for units: Properties in nearby Whittington are selling 6.7% faster than in Newcomb.
- Investment considerations: In Newcomb, the rental yield for house is 23.8% lower than the Melbourne average, while the rental yield for units is 31.7% lower.
- House price growth: Over the past 12 months, house prices in Newcomb have grown 38.6% lower than the average rate of growth across Melbourne.
- Unit price growth:Over the past 12 months, unit prices in Newcomb have grown 15.0% lower than the average rate of growth for units across Melbourne.

