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Investment Property New Farm, QLD, 4005

Suburb Snapshot

New Farm is a suburb in the Brisbane Region of Queensland. New Farm has a population of 12,545 people and 45.42% of its occupants live in rental accommodation. The median listing price for houses is $3,200,000 and this has changed -1.54% over the past year and changed 28.00% over 2 years.

The median rent in New Farm for houses is $1,000 per week and the median rental yield is 1.62%. Stock on the market for houses/townhouses has changed -18.52% compared to last year and the average time to sell a house/townhouse is 127 days.The median listing price for units is $940,000 and this has changed 19.74% over the past year. The average unit takes 67 days to sell and the median rent for a unit in New Farm is $615 per week, producing a rental yield of 3.40%.

Supply & Demand in New Farm, Brisbane

1.83%

Current vacancy rate


134

Rental stock available


12,545

Population


45.42%

Rental population


1.19%

Current vacancy rate


6,534

Rental stock available


1,131,159

Population


32.91%

Rental population


0.87%

Current vacancy rate


20,720

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for New Farm, Brisbane

  House Townhouses Units
Median listing price $3,200,000 NA $940,000
Median price change - last quarter -4.48% NA -3.10%
Median price change - 1 year -1.54% NA 19.74%
Median price change - 2 years 28.00% NA 49.32%
  House Townhouses Units
Median weekly rent $1,000 $900 $615
Median yield % 1.62% NA 3.40%
Median rent change - 1 year 3.09% 5.88% 2.50%
  House Units
Previous month sales 5 9
Stock on market previous month 22 47
Stock variance vs. last year -18.52% -2.08%
Average days on market 127 67

New Farm investment property listings

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