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Investment Property Newmarket, QLD, 4051

Suburb Snapshot

Newmarket is a suburb in the Brisbane Region of Queensland. Newmarket has a population of 4,980 people and 42.20% of its occupants live in rental accommodation. The median listing price for houses is $1,745,000 and this has changed 45.41% over the past year and changed 45.41% over 2 years.

The median rent in Newmarket for houses is $750 per week and the median rental yield is 2.23%. Stock on the market for houses/townhouses has changed 29.41% compared to last year and the average time to sell a house/townhouse is 60 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes 30 days to sell and the median rent for a unit in Newmarket is $505 per week, producing a rental yield of NA.

Supply & Demand in Newmarket, Brisbane

1.19%

Current vacancy rate

28

Rental stock available

4,980

Population

42.20%

Rental population

1.15%

Current vacancy rate

6,310

Rental stock available

1,131,159

Population

32.91%

Rental population

0.87%

Current vacancy rate

20,766

Rental stock available

4,703,187

Population

29.39%

Rental population

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Statistical data for Newmarket, Brisbane

	House	Townhouses	Units
Median listing price	$1,745,000	NA	NA
Median price change - last quarter	3.12%	NA	NA
Median price change - 1 year	45.41%	NA	NA
Median price change - 2 years	45.41%	NA	NA

	House	Townhouses	Units
Median weekly rent	$750	$705	$505
Median yield %	2.23%	NA	NA
Median rent change - 1 year	3.44%	8.46%	8.60%

	House	Units
Previous month sales	3	3
Stock on market previous month	22	2
Stock variance vs. last year	29.41%	-60.00%
Average days on market	60	30

Newmarket investment property listings

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