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Newmarket, QLD 4051

Home » QLD Real Estate Data » Northern Brisbane, QLD » Newmarket, QLD 4051

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Newmarket, QLD 4051 located in Brisbane to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

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Rent 

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Yield 

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Buy 

1BR

2BR

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Rent 

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Yield 

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Newmarket, QLD 4051”

  1. The total adult population (15 years or older) of Newmarket 4051 QLD is 4,326, with a median age of 33. Of those, 36.94% are married, 9.85% are divorced or separated, 51.13% are single and 2.10% are widowed.

    The average household size is 2.5 people per dwelling, and the median household monthly income is estimated to be $12,376. The median monthly mortgage repayment for households in this suburb is $2,167 which is 17.51% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in the sunshine state of QLD, the suburb of NEWMARKET 4051 is a residential hub that’s home to approximately 2684 households. As we turn our gaze towards Q3 2023, remarkable trends have begun to shape the property landscape here, especially when it comes to houses.

    Typical house prices in NEWMARKET 4051 hover around an impressive $1,339,190 mark. With a median weekly rent of $750, these prices produce an indicative yield rate of 2.91%. While this yield is below the minimum attractive mark of 3% for cashflow-centred property investors, it’s worth noting due to the other robust factors at play in this suburb. Key among these elevated metrics is the socio-economic score which sits at a healthy 1098 out of 1217, affirming the suburb’s strong overall standing.

    However, the property dynamics in NEWMARKET 4051 present a mix of rewards and challenges. The renter to owner ratio is somewhat questionable, chalked up at 45%. Yet, the units to houses ratio holds promise at 27%, a figure well below the threshold that could lead to rental oversaturation. The affordability index for houses, holding at 42 years, is an indicator of decreased affordability, but it’s important to take into account other demographic factors that may cause this, like higher incomes amongst residents.

    Turning our attention to supply, NEWMARKET 4051 exhibits a stock on market percentage of 0.11% for houses, well below the 0.4% threshold, suggesting favourable low supply conditions. This is supported by the inventory level for houses which reveals an extremely low supply of only 0.5 months. The building approval ratio for houses is also favourable at 0.57%, expressing a moderate rate of new developments.

    Now focusing on demand, houses spend an average of 57 days on the market in NEWMARKET 4051, a neutral indication that is neither high nor low demand. Adding to this, the suburb enjoys a low vacancy rate of 0.91% indicating high demand for properties, including both houses and units. The buy search index for houses, however, scores under the neutral range at 2, which shows limited demand for purchasing houses.

    In summary, NEWMARKET 4051 provides something of a mixed bag for property investors with some favourable supply and demand factors offset by affordability challenges and a slightly lowered buy search index for houses. However, provided buyers possess comprehensive knowledge of these property market dynamics, NEWMARKET 4051 still illustrates potential as an investment location. The RCS metric developed by HtAG Analytics can greatly assist in this regard by automating the research process using over 80 different measures, making it more thriving for investors.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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