Newmarket is a mid-sized suburb in Queensland within the Brisbane local government area (postcode 4051). With a population of 5,083, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $117K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Newmarket is $1.5 million, having surged 19.2% over the past year. Units have a median price of $560,000 (+7.7% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,167.
Newmarket is served by 2 schools, including 2 primary. The average ICSEA score is 1150, which is well above the national average of 1,000. Public transport access includes 1 rail station, 15 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Newmarket offers a gross rental yield of 2.1%, rated as low yield. Property prices are above the state median ($1.5M/$1.1M), placing it in the premium segment. The price-to-income ratio of 12.7x is considered stretched. House prices have moved +19.2% year-on-year.
Newmarket is a mid-sized suburb in Queensland within the Brisbane local government area (postcode 4051). With a population of 5,083, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $117K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Newmarket is $1.5 million, having surged 19.2% over the past year. Units have a median price of $560,000 (+7.7% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,167.
Newmarket is served by 2 schools, including 2 primary. The average ICSEA score is 1150, which is well above the national average of 1,000. Public transport access includes 1 rail station, 15 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Newmarket offers a gross rental yield of 2.1%, rated as low yield. Property prices are above the state median ($1.5M/$1.1M), placing it in the premium segment. The price-to-income ratio of 12.7x is considered stretched. House prices have moved +19.2% year-on-year.