Newstead is a mid-sized suburb in Queensland within the Brisbane local government area (postcode 4006). With a population of 7,496, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $121K per year, with an average household size of 1.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Newstead is $4.3 million, having surged 44.1% over the past year. Units have a median price of $588,000 (+6.9% YoY). The current median weekly rent is $755. This gives a gross rental yield of approximately 0.9%. The median monthly mortgage repayment is $2,000.
Public transport access includes 9 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Newstead offers a gross rental yield of 0.9%, rated as low yield. Property prices are above the state median ($4.3M/$1.1M), placing it in the premium segment. The price-to-income ratio of 35.8x is considered stretched. House prices have moved +44.1% year-on-year.
Newstead is a mid-sized suburb in Queensland within the Brisbane local government area (postcode 4006). With a population of 7,496, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $121K per year, with an average household size of 1.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Newstead is $4.3 million, having surged 44.1% over the past year. Units have a median price of $588,000 (+6.9% YoY). The current median weekly rent is $755. This gives a gross rental yield of approximately 0.9%. The median monthly mortgage repayment is $2,000.
Public transport access includes 9 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Newstead offers a gross rental yield of 0.9%, rated as low yield. Property prices are above the state median ($4.3M/$1.1M), placing it in the premium segment. The price-to-income ratio of 35.8x is considered stretched. House prices have moved +44.1% year-on-year.