City of Moreton Bay – Redcliffe Peninsula – Buye’a Agent Suburb Report: Newport, QLD

November 20, 2024 |

Moreton_Bay_Newport

Date Prepared: 20th November 2024
Sources: Attached PDF (Pricefinder), ABS, Landchecker, Your Investment Property Magazine, Walkscore, TMR Queensland, Domain, and Google (for parks).


Overview

Newport, located in the Moreton Bay region, is a thriving coastal suburb known for its waterfront homes, marina lifestyle, and family-friendly community. With a mix of modern amenities and natural beauty, Newport attracts both families and investors.


Demographics

  • Population: Approximately 6,400 (2021 Census, ABS).
  • Median Age: 39 years, reflecting a balanced mix of families and professionals.
  • Dwelling Type: Predominantly standalone houses with a significant proportion of waterfront properties.
  • Ownership: High ownership rates, indicative of long-term residential stability.

Property Market (2024)

Houses

  • Median Sale Price: $1,250,000 (+2.5% annual growth).
  • Median Weekly Rent: $725.
  • Rental Yield: 3.0%.
  • Sales Volume: 182 recorded house sales in the past 12 months.

Units

  • Median Sale Price: $1,330,000 (+15.7% annual growth).
  • Median Weekly Rent: $690.
  • Rental Yield: 2.7%.

Long-Term Trends (2006–2024)

Over the past 18 years, Newport’s housing market has shown steady growth, with the median house price rising from $710,000 in 2006 to $1,250,000 in 2024. This represents an average annual growth rate of approximately 3.4%.

Recent Notable Sales

  • 64 Spinnaker Boulevard: Sold for $1,740,000 (Nov 2024).
  • 50 Clearwater Street: Sold for $1,860,000 (Oct 2024).
  • 44 Intrepid Court: Sold for $2,815,000 (Sep 2024).

Source: Pricefinder, Your Investment Property Magazine.


Education

Newport provides access to quality educational facilities in nearby areas:

  • Primary Schools:
    • Scarborough State School.
  • Secondary Schools:
    • Redcliffe State High School.
  • Private Schools:
    • Grace Lutheran College (in Rothwell).

Source: Queensland Department of Education, Landchecker.


Amenities and Lifestyle

Shopping

  • Newport Marketplace: Offers boutique stores, cafes, and essential services.
  • Nearby Options: Redcliffe and Kippa-Ring shopping centres provide extensive retail and dining options.

Parks and Recreation

  • Newport Marina: A hub for boating and water activities.
  • Spinnaker Park: Features playgrounds and picnic areas.
  • Pelican Park: A popular spot for kite flying and waterfront picnics.

Source: Google, Walkscore.


Transport and Accessibility

  • Road Network:
    • Easily accessible via Anzac Avenue, connecting to the Bruce Highway.
  • Public Transport:
    • Regular bus services link Newport to surrounding suburbs and Brisbane.
  • Walkability:
    • Moderate; local amenities and parks are within walking distance in central areas.

Source: TMR Queensland, Walkscore.


Recent and Planned Developments

  • Residential Expansion: Ongoing development of luxury waterfront homes and modern townhouses.
  • Community Investments: Upgrades to marina facilities and public parks to support population growth and tourism.

Source: Pricefinder, Your Investment Property Magazine.


Community and Employment

  • Employment Sectors:
    • Key industries include healthcare, education, retail, and construction.
  • Community Activities:
    • Waterfront events, sailing competitions, and local markets foster a vibrant community.

Source: ABS, Your Investment Property Magazine.


Key Statistics at a Glance

MetricValue
Population~6,400 (2021 Census).
Median House Price (2024)$1,250,000.
Median Rent (Houses)$725/week.
Rental Yield (Houses)3.0%.
Median Unit Price (2024)$1,330,000.
Median Rent (Units)$690/week.
Rental Yield (Units)2.7%.
Notable ParksNewport Marina, Spinnaker Park, Pelican Park.
Transport AccessAnzac Avenue, bus services.

Conclusion

Newport’s thriving property market, marina lifestyle, and excellent amenities make it a desirable location for families, retirees, and investors. Its steady growth and community appeal ensure long-term potential for property buyers.

We hope that you have found City of Moreton Bay – Redcliffe Peninsula – Buye’a Agent Suburb Report: Newport, QLD helpful.

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