QLD/
New farm

Suburb Profile

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

house
unit
NEW FARM ranks 404th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of -8.73% for the past year is lower than average compared to its 33.09% growth within a five-year period.

Also in NEW FARM, the median home price is sitting at $1,474,000, and the average rent at $750, this suggests property owners could potentially earn a 2.65% increase in gross rental yield.

Property investors have seen a -7.88% 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 5.33% growth over a ten-year period. It ranks 1440th on our list of suburbs that property investors should look into.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,474,000 $577,500
GROWTH REPORT
Median Quarterly -7.88% -2.94%
Median 12 month -8.73% 1.32%
Median 3 years 17.92% -2.04%
Median 5 years 33.09% 20.31%
10 years average annual 5.33% 3.61%
Weekly media advert. rent $750 $422.5
Time on Market 78.1 days 84.4 days
Gross Rental Yield Percent 2.65% 3.8%
demographics (median values)
Total Population
11244
Weekly Household Income
1141
Household Size
1.80
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