Suburb Profile

Suburb profile for,

Newmarket, QLD 4051

About Newmarket

Situated in Queensland's 4051 postcode, Newmarket is a well-established residential suburb.

Demographics and Community

Newmarket has a population of approximately 4,986, a median age of 32, a median weekly household income of $1,750.

Property Market Overview

The current median house price in Newmarket is $1,170,000. Average annual growth is -6.4%.

Properties in Newmarket spend an average of 71 days on market.

Rental Market

The median weekly rent for houses in Newmarket is $450. Gross rental yield is 2.70%.

Nearby Suburbs

Explore other suburb profiles in the area: Alderley, QLD, Enoggera, QLD, Gaythorne, QLD, Wilston, QLD, Everton Hills, QLD.

Considering Newmarket for Investment?

Handle Properties is a Sydney-based buyer's agency helping investors build portfolios of high-growth investment properties across Australia. If you are considering Newmarket or need help identifying the right suburb for your strategy, get in touch with our team.

SUBURB DATA

Quantitative data for,

Newmarket, QLD 4051

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.

State
QLD
Suburb
NEWMARKET
Postcode
4051
Median price for all dwellings
$1,170,000
Last 12 months growth return
Down -6.4%
Avg. dwellings for sale in the suburb every month
10
Avg. dwellings sold in the suburb in previous 12 months
19
Avg days on market for a dwelling listing to sell
71 days
Avg. number of people searching in this suburb every month
1048
Avg. rental yield per annum
2.70%
Weekly median rent for all dwellings
$450 per week
Median price for all houses
$1,170,000
Avg. rental yield growth in the previous 12 months
2.70%
Avg. days for a rental listing to find a tennant
19 days
Total suburb population in 2016
4986
Total suburb population change in 5 years up to 2016
12.20%
Avg. household income per week
$1,750
Median age of the population in the suburb
32
Historic avg annual growth return per annum in the suburb
8.45%