Suburb Profile Report for Newmarket QLD (4051)

Newmarket House: Median price $805,000, Annual capital growth 5.14%, Number of sales 57, Weekly median advertised rent $500

Newmarket Unit: Median price $435,000, Annual capital growth 3.50%, Number of sales 26, Weekly median advertised rent $395

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

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%

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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.Full summary

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.

Close
Metrics i HOUSE UNIT
$805,000 $435,000
-2.08% -4.92%
0.63% 1.05%
5.14% 3.50%
$500 $395
57 26
3.23% 4.72%
57.02 67

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
Find a mortgage broker in Newmarket QLD
Demographics
Total population 4444
Median household income ($/weekly) 1565
Median age of persons 32
Median housing loan repayment ($/monthly) 2200
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 493 11.1
    20-24 years 566 12.7
    25-34 years 854 19.2
    35-44 years 677 15.2
    45-54 years 549 12.4
    Others 1304 29.3
    Age Group
    Census Count Percent(%)
    Not Married 1760 51.5
    Registered Married 1218 35.6
    Defacto Relationship 441 12.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 3371 78.6
    Indonesia 82 1.9
    Papua New Guinea 117 2.7
    United Kingdom 174 4.1
    Other 173 4.0
    Others 370 8.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 73 1.8
    Christianity 2573 62.7
    Hinduism 78 1.9
    Other Religious Groups 55 1.3
    No Religion 1305 31.8
    Others 21 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 139 8.6
    $1,500-$1,999 192 11.9
    $2,000-$2,499 148 9.1
    $2,500-$2,999 193 11.9
    $3,000-$3,499 133 8.2
    Others 815 50.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1630 45.6
    Not in the labour force 888 24.8
    Employed, worked part-time 799 22.3
    Unemployed, looking for work 136 3.8
    Employed, away from work 125 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 315 12.3
    Professionals 891 34.9
    Technicians & trades workers 245 9.6
    Community & personal service workers 258 10.1
    Clerical & administrative workers 391 15.3
    Others 455 17.8
    Occupation
    Census Count Percent(%)
    Infants/Primary 341 27.0
    Secondary 222 17.5
    Technical or Further Educational Institution 87 6.9
    University or other Tertiary Institutions 517 40.9
    Other type of educational institution 51 4.0
    Others 47 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2901 68.6
    Flat, unit or apartment 796 18.8
    Semi-detached, row or terrace house, townhouse 518 12.2
    House or flat attached to a shop, office 15 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 816 46.5
    Being purchased 514 29.3
    Fully owned 400 22.8
    Other tenure type 26 1.5
    Tenure Type
Census 2011, ABS
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