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AREA REPORTS

New Farm

Suburb Profile

New Farm - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4005

house
unit
NEW FARM ranks 601st in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 6.94% for the past year is higher than average compared to its 26.26% growth within a five-year period.

Also in NEW FARM, the median home price is sitting at $1,502,500, and the average rent at $797.5, this suggests property owners could potentially earn a 2.76% increase in gross rental yield.

Property investors have seen a -4.56% drop in NEW FARM based on a decrease in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 5.25% growth over a ten-year period. It ranks 1599th on our list of suburbs that property investors should look into.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,502,500 $600,000
GROWTH REPORT
Median Quarterly -4.56% 0.84%
Median 12 month 6.94% 3.9%
Median 3 years 1.86% 5.26%
Median 5 years 26.26% 11.11%
10 years average annual 5.25% 2.36%
Weekly media advert. rent $797.5 $400
Time on Market 58.0 days 55.7 days
Gross Rental Yield Percent 2.76% 3.47%
demographics (median values)
Total Population
11244
Weekly Household Income
1141
Household Size
1.80
demographics
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