Newington suburb profile
Newington is a waterside suburb on a Parramatta River peninsula, developed around the legacy of the Sydney Olympic Village and bordered by Sydney Olympic Park. Its streets are mainly low-rise apartments and townhouses clustered around parks, waterways and a mangrove-lined foreshore, with the nearby Newington Nature Reserve providing bushland and birdlife. The area suits people who want a village-like, waterfront lifestyle while staying close to major sporting and event facilities, riverside walking and cycling routes, and neighbouring retail and transport hubs, making it popular with families and professionals.
Newington property market performance
Current median dwelling price$1,395,000Past 3 months
Property growth+1.9%Past 12 months
Houses don't come up for sale often in this suburb, so there isn't enough recent data to publish a reliable median house price. The unit market is more active, with a median unit price of $844,000. House values rose a modest 2.7% over the last 12 months while unit values edged up a marginal 1.0%, so they moved at a similar pace.
Over the last 3 months 4 houses and 14 units were sold. Houses sold in a median of 25 days and units in 35 days, so houses sold faster than units.
The rental market in Newington saw house rents average $1,050 a week, up a solid 6.6% over the last 12 months. Unit rents averaged $750 a week, up a modest 4.2%, so house rents grew faster than unit rents.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | N/A | $844K |
Change in value Past 12 months | 2.7% | 1.0% |
Sold Past 3 months | 4 | 14 |
Median days on market Past 12 months | 25 | 35 |
Average rent Past 12 months | $1050 | $750 |
Change in rent Past 12 months | 6.6% | 4.2% |
5 year median price trend for houses and units
Newington demographics
Newington is a community of 5,648 people, with a median age of 38 and a typical household income of $2,465 a week, roughly $128,180 a year.
Families are the dominant household type. Couple families with children are the largest group at 59.2%, and together with couple families without children (29.8%) they make up about 89.0% of families. One-parent families account for 10.1% and other families 0.9%.
Homes in Newington are mostly owner-occupied: about two-thirds are owner-occupied (26.2% owned outright and 41.7% owned with a mortgage), while 32.1% of dwellings are rented.
Suburbs near Newington
Some popular suburbs near Newington include:
How does Newington compare to nearby suburbs?
- Median house prices: Newington’s median house price is 0.5% lower than Ermington’s.
- Median unit prices: Newington’s median unit price is 32.9% higher than Sydney Olympic Park’s.
- House price growth: Property prices in nearby Silverwater have risen 8.7% more than in Newington over the past year.
- Unit price growth: Over the past 12 months, unit prices in Newington have grown 14.4% higher than in Silverwater.
- Selling speed for houses: Properties in Newington are selling 62.1% faster than in Silverwater.
- Selling speed for units: Properties in Newington are selling 25.5% faster than in Sydney Olympic Park.
- Investment considerations: In Newington, the rental yield for house is 14.3% higher than the Sydney average, while the rental yield for units is 4.6% lower.
- House price growth: Over the past 12 months, house prices in Newington have grown 1.6% higher than the average rate of growth across Sydney.
- Unit price growth:Over the past 12 months, unit prices in Newington have grown 8.0% lower than the average rate of growth for units across Sydney.

