New Farm QLD 4005

Here you can find what you need to know about New Farm, QLD, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$1.7m Median Sale Price (National Average $485k) 2nd In QLD
5.94% Median Price Change (1 yr) (National Average 4.30%) 257th In QLD
$750pw Median Rent (National Average $395) 8th In QLD
2.3% Median Gross Yield (National Average 4.24%) 749th In QLD
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Properties sold 57
Average discounting -6.15%
Average Days on Market 82
Stock on Market 31 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

New Farm, QLD National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

New Farm, QLD National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

New Farm, QLD National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in New Farm


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Latest Auction Results for New Farm as at 11 November 2018

Property Details
Sale Price
5Bed / 2Bath / 2Car / House
Passed In

State Auction Clearance Rates - November 2018

Auctions Clearance rate
QLD 139 34%
ACT 108 40%
NSW 844 42%
NT 12 27%
SA 123 46%
TAS 3 67%
VIC 1,127 46%
WA 42 21%

Local Schools


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Suburb Information

New Farm, QLD 4005

Part of: Brisbane Council No data available

The size of New Farm is approximately 2.5 square kilometres. It has 3 parks covering nearly 7.8% of total area. The population of New Farm in 2011 was 11,330 people. By 2016 the population was 12,536 showing a population growth of 10.6% in the area during that time. The predominant age group in New Farm is 20-29 years. Households in New Farm are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in New Farm work in a professional occupation. In 2011, 40.5% of the homes in New Farm were owner-occupied compared with 39.7% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in New Farm

Demographic data provided
by Australian Bureau of Statistics


Market Trends for New Farm   for Houses in last 12 months


There have been 57 Houses sold in New Farm in the past 12 months with a median sale price of $1.6M, up 5.94% annually. It takes on average 82 days to sell with vendor discounting of -6.15%.

Streets in New Farm


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