Newport, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Newport
VICCensus 2021 · Population 13,658
Newport, VIC is a suburb with a population of 13,658, characterized by a median age of 38, which aligns with the Victorian median. The suburb has a balanced gender distribution with 48.5% males and 51.5% females. Families are prevalent in Newport, with 52.6% of households being couples with children, and 32.7% being couples without children. The suburb also has a significant proportion of single-person households at 21.5%. Housing in Newport is diverse, with 66.7% separate houses, 24.8% townhouses, and 7.9% apartments.
Key Highlights
- Highly educated population - 42.9% hold bachelor degrees (vs VIC 29.2%)
- High median household income - $2,657 weekly (vs VIC $1,759)
- Significant work-from-home culture - 42.9% of workforce
- Diverse housing options with 66.7% separate houses
- Low unemployment rate of 4.1%
Things to Consider
- High property prices may challenge first-home buyers
- Lower percentage of overseas-born residents (26.0% vs VIC 35.0%)
- Limited public transport usage at 5.0%
- Higher percentage of high-income households may affect affordability
- Mental health conditions reported by 8.7% of the population
What's it like living here?
Daily life in Newport is marked by a high level of work-from-home arrangements, with 42.9% of the workforce operating from home. The suburb has a strong professional presence, with 34.2% of residents working as professionals. Commuting is varied, with 34.3% driving to work and 5.0% using public transport. The community is well-educated, with 42.9% holding a bachelor's degree or higher.