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Unit 105,
50 GARDEN TERRACE Newmarket QLD 4051

This property is Off Market

All about Newmarket Homes for sale in Newmarket


  • The Average property price in this area is $1,223,913, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 12.39 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Newmarket

With an average age of 30, households expect an average monthly mortgage payment of $1,863 or a weekly rent payment of $365. The average family earns a weekly income of $2,227 with a typical household size of 2 and a 96.58% employment rate.

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.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 6%)

Are people healthy?

There are a recorded 619 asthma sufferers and 142 people living with diabetes. In addition, 147 people have a heart/vascular condition and 284 people live with three or more chronic diseases.

A good place to invest in property?

Newmarket a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Queensland State average 66 / 100

Income

61 / 100

32 / 100

Industry

35 / 100

32 / 100

Population

39 / 100

40 / 100

House Prices

72 / 100

63 / 100

Jobs

34 / 100

31 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Kelvin Grove State College Newmarket SS

Property Story

Unit 105, 50 Garden Terrace, Newmarket, Qld, 4051 is a residential property . The estimated distance to the sea is 12.39km and 0.57KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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