Property value increases in Newmarket have tracked just lower than the QLD average of 2.51% over the last 12 months.
A 24.61% growth in median value for property investors in Newmarket,4051 puts this suburb at number 703th in terms of best performing suburbs in QLD
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Newmarket, 4051. Typically our figures indicate that -4.55% is being offered, which puts this QLD suburb at 2852th most discounted overall in Australia.
Situated 4.17km from the CBD, Newmarket is one of Brisbane localities in the postcode 4051.
At number 1002th in the list of Australian suburbs ordered by increase in median house value over the last year, Newmarket, 4051 is in the BOTTOM 50% with a property value increase of 1.05% recorded in median house prices.
If we look at median property appreciation over just the last three months, Newmarket has given property investors a paper return of -4.92%. This puts Suburb as 317 on a list of fastest fasting appreciating suburbs in QLD
At number 74th of QLD’s most discounted properties, Newmarket is in the bottom 30% of the state/territory when listing in order of most discounted to least.
With the median price for a house in Newmarket being $435000 and the advertised rent reaching $395 the gross rental yield for property investors calculates out to be 4.72%
Located just 4km north of the Brisbane CBD, Newmarket is an older established suburb with its own rail station. The suburb has continued to attract younger residents who are looking for convenience and lifestyle.Full summary
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Located just 4km north of the Brisbane CBD, Newmarket is an older established suburb with its own rail station. The suburb has continued to attract younger residents who are looking for convenience and lifestyle.
The suburb’s close proximity to the a number of parks and amenities as well as the QUT’s campus in Kelvin Grove ensures rental demand is also strong in the area.