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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 $3,400,000 and this has changed 17.64% over the past year and changed 38.77% over 2 years.

The median rent in New Farm for houses is $1,000 per week and the median rental yield is 1.52%. Stock on the market for houses/townhouses has changed 47.37% compared to last year and the average time to sell a house/townhouse is 105 days.The median listing price for units is $900,000 and this has changed 32.35% over the past year. The average unit takes 110 days to sell and the median rent for a unit in New Farm is $610 per week, producing a rental yield of 3.52%.

Supply & Demand in New Farm, Brisbane

2.22%

Current vacancy rate


162

Rental stock available


12,545

Population


45.42%

Rental population


1.44%

Current vacancy rate


7,872

Rental stock available


1,131,159

Population


32.91%

Rental population


1.02%

Current vacancy rate


24,088

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 $3,400,000 NA $900,000
Median price change - last quarter -1.54% NA 8.15%
Median price change - 1 year 17.64% NA 32.35%
Median price change - 2 years 38.77% NA 40.62%
  House Townhouses Units
Median weekly rent $1,000 $875 $610
Median yield % 1.52% NA 3.52%
Median rent change - 1 year 11.11% 2.94% 18.44%
  House Units
Previous month sales 4 8
Stock on market previous month 28 50
Stock variance vs. last year 47.37% -13.79%
Average days on market 105 110

New Farm investment property listings

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