Newmarket, a vibrant suburb located just a few kilometers north of Brisbane's CBD, offers a unique blend of urban convenience and suburban charm. The housing market in Newmarket is characterized by its diverse range, appealing to both young professionals and families. With charming Queenslander-style homes interspersed with modern apartments and townhouses, the real estate landscape provides options for various preferences and budgets. The suburb has witnessed steady growth in property values over the years, driven by its proximity to the city center, excellent public transport links, and the appeal of its green, leafy surroundings. While the demand for properties can be competitive, the investment potential remains attractive for both buyers and investors, making Newmarket a sought-after location in Brisbane's housing market.
Living in Newmarket offers residents a balanced lifestyle marked by convenience and community. The suburb is well-serviced by amenities, including the Newmarket Shopping Centre, a range of cafes, restaurants, and essential services. Its close-knit community atmosphere is enhanced by local events and gatherings, fostering a welcoming environment. The area boasts several parks and recreational facilities, with the popular Banks Street Reserve providing expansive green spaces for outdoor activities. Families appreciate the suburb's access to reputable schools and childcare facilities, while commuters enjoy the easy access to public transport options, including buses and trains, for a seamless journey to Brisbane’s bustling city center. Overall, Newmarket presents an appealing proposition for those seeking a vibrant, community-focused lifestyle with excellent urban connectivity.
Median Weekly Rent | $417.60 |
Median Monthly Mortgage | $2479.20 |
Median Persons Per bed houseroom | 0.86 |
Average Household Size | 2.60 |
Average Age | 37.60 |
Average Income | $1048.20 |
Average Cars Per Dwelling | 1.72 |
Average Properties Within 50M | 28 |
Typical 1 bed house | $604,000 |
Typical 2 bed house | $831,000 |
Typical 3 bed house | $1,303,000 |
Typical 4 bed house | $1,803,000 |
Typical 5 bed house | $2,600,000 |
Typical 6 bed+ house | $2,769,000 |
Housing Stock
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Thinking about buying in Newmarket? Now could not be a better time, with 3507 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,237,000 with prices in this suburb ranging from $251,000 to $10,938,000. The aproximate distance to the coast is 11 Km.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Newmarket ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Newmarket provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Newmarket necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Instant Property Valuation35A Farm Street, Newmarket, QLD, 4051 | 3 | 2 | 2 | Auction If Not Sold Prior | |
24 Badger Street, Newmarket, QLD, 4051 | 2 | 1 | Offers Around $1,100,000 | ||
3 Gaunt Street, Newmarket, QLD, 4051 | 5 | 4 | 4 | 2500000 | |
Unit 2, 73 Erneton Street, Newmarket, QLD, 4051 | 2 | 2 | 1 | 650000 | |
119 Abuklea Street, Newmarket, QLD, 4051 | 6 | 3 | 4 | 3000000 | |
Unit 6, 17 Burnley Street, Newmarket, QLD, 4051 | 2 | 2 | 1 | 650000 |
Newmarket State School
St Ambrose's Primary School
Wilston State School
St Columba's Primary School
Red Hill Special School
St Finbarr's School
Kelvin Grove State College
Ithaca Creek State School
Mt St Michael's College
Queensland Academy for Creative Industries
(While the above schools are located with the suburb of Newmarket there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 5.8 | 21.6 | 30.4 | 51.8 | 87.6 | 2.2 | 24.8 |
Feb | 7.2 | 21.7 | 30.1 | 52.6 | 87.5 | 1.9 | 21.2 |
Mar | 5.6 | 20.6 | 29.5 | 52.8 | 90.3 | 1.6 | 17.6 |
Apr | 2.8 | 17.6 | 27.3 | 49.7 | 89.6 | 1.5 | 16.1 |
May | 2.2 | 13.8 | 24.0 | 46.9 | 88.2 | 1.4 | 13.9 |
Jun | 2.4 | 12.4 | 22.2 | 49.1 | 88.2 | 1.3 | 11.9 |
Jul | 0.8 | 10.7 | 22.4 | 41.2 | 87.4 | 1.3 | 13.4 |
Aug | 0.3 | 11.1 | 24.6 | 32.3 | 85.7 | 1.5 | 17 |
Sept | 0.6 | 14.0 | 26.1 | 37.4 | 86.1 | 1.7 | 20.2 |
Oct | 2.8 | 16.1 | 27.1 | 42.2 | 86.1 | 1.8 | 22.9 |
Nov | 2.5 | 19.1 | 28.9 | 45.9 | 85.5 | 1.9 | 25.5 |
Dec | 5.5 | 21.1 | 29.9 | 50.0 | 85.7 | 2.0 | 23.0 |
source: Australian Government Bureau of Meteorology
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