QLD, 4051 - Brisbane

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.

Household Makeup

Median Weekly Rent $417.60
Median Monthly Mortgage $2479.20
Median Persons Per Bedroom 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

Housing Stock

Average Property Prices

1 Bed  $604,000
2 Bed  $831,000
3 Bed  $1,303,000
4 Bed  $1,803,000
5 Bed  $2,600,000
6 Bed+$2,769,000

Newmarket Real Estate Market Outlook

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.

Houses for sale Newmarket

Ray White 36 GARDEN TCE, NEWMARKET, QLD, 4051 Beds5 Bathrooms3 Parking 2 1400000
Ray White 59 ENOGGERA RD, NEWMARKET, QLD, 4051 Beds3 Bathrooms1 Parking 1 1300000

Local Schools

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)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Newmarket weather - Average Local Climate by month

Min (°C)
Max (°C)
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(MJ/sq m)

source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

WilstonAlderleyGrangeKelvin GroveRed HillHerstonWindsorAshgroveGordon ParkStafford

Public Transport

General Points of Interest

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