A study has been carried out to investigate the tensile, flexural and dielectric properties of composites made by reinforcing vakka as a new natural fibre into a polyester resin matrix. The fibres extracted by retting and manual processes have been used to fabricate the composites. These composites are tested for tensile, flexural and dielectric properties and compared with those of established composites like sisal, bamboo and banana made under the same laboratory conditions. The composites are fabricated up to a maximum volume fraction of fibre of 0.37 in the case of tensile testing, and 0.39 for flexural and dielectric testing. It has been observed that the tensile properties increase with respect to volume fraction of fibre for vakka fibre composite and are also more than those of sisal and banana composites and comparable to those of bamboo composites. The flexural strength of vakka fibre composite is more than that of banana composite and is closer to sisal fibre composite with respect to the volume fraction of fibre, where as the flexural modulus is much higher than those of banana and sisal fibre composites and also very much closer to bamboo fibre composites. The dielectric strength of vakka fibre composite increases with increase in volume fraction of fibre in the composite unlike the case of sisal, bamboo and banana composites. The dielectric strength being a unique feature of vakka fibre composite, can be suggested for electrical insulation applications.