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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 $1,650,000 and this has changed 37.50% over the past year and changed 37.50% over 2 years.

The median rent in Newmarket for houses is $720 per week and the median rental yield is 2.26%. Stock on the market for houses/townhouses has changed 0.00% compared to last year and the average time to sell a house/townhouse is 50 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes 28 days to sell and the median rent for a unit in Newmarket is $500 per week, producing a rental yield of NA.

Supply & Demand in Newmarket, Brisbane

1.62%

Current vacancy rate


38

Rental stock available


4,980

Population


42.20%

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 Newmarket, Brisbane

  House Townhouses Units
Median listing price $1,650,000 NA NA
Median price change - last quarter 3.12% NA NA
Median price change - 1 year 37.50% NA NA
Median price change - 2 years 37.50% NA NA
  House Townhouses Units
Median weekly rent $720 $695 $500
Median yield % 2.26% NA NA
Median rent change - 1 year 2.85% 10.31% 6.38%
  House Units
Previous month sales 6 5
Stock on market previous month 19 5
Stock variance vs. last year 0.00% 25.00%
Average days on market 50 28

Newmarket investment property listings

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