Suburb Profile Report for Newmarket QLD (4051)

Newmarket House: Median price $830,000, Annual capital growth 7.02%, Number of sales 52, Weekly median advertised rent $493

Newmarket Unit: Median price $435,000, Annual capital growth 3.81%, Number of sales 29, Weekly median advertised rent $395

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Giving property investors a a stable capital gain of 10.37% for the last year, Newmarket, 4051 is the 993th highest performer in Australia in this respect.

If we look at median property appreciation over just the last three months, Newmarket has given property investors a paper return of 2.47%. This puts Suburb as 197 on a list of fastest fasting appreciating suburbs in QLD

Sellers are offering property buyers an average discount of -4.46% to buyers in Newmarket at the moment, which is less than average for the rest of QLD.

Renters in Suburb are facing rents around $5910 per annum or $492.5 every week.

Over the last year, property investments in Newmarket, 4051 have given investors a capital gain of -2.79%. This compares badly with the 0.77% for QLD as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, Newmarket comes in at number 167th in QLD.

Newmarket, 4051 is offering QLD ‘s 202th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this QLD.

On average over the past year, suburb has had 2.42 sales per month, which equates to 29 per year.

Renters in Suburb are facing rents around $4740 per annum or $395 every week.

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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
HOUSE UNIT
$830,000 $435,000
2.47% -3.87%
10.37% -2.79%
7.02% 3.81%
$493 $395
52 29
3.09% 4.72%
59.51 57.68

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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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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