QLD has seen average median house prices change by 2.82% which means that Newmarket, 4051 has done well for property investors by showing a capital gain of -3.61% over the last year
Newmarket,4051 has offered an average of -3.61% return per annum in house price rises to property investors over the last three years.
Advertised rents are around the $475 mark per week – giving a return of 3.09% based on the median price in Suburb
At number 1637th in the list of Australian suburbs ordered by increase in median house value over the last year, Newmarket, 4051 is in the BOTTOM 10% with a property value increase of -14.41% recorded in median house prices.
A 3.14% growth in median value for property investors in Newmarket,4051 puts this suburb at number 351th in terms of best performing suburbs in QLD
Newmarket is 222th on a list of best yielding suburbs for rents in QLD with a 4.98% return
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.