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AREA REPORTS

New Farm

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

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unit
NEW FARM ranks 325th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 19.68% for the past year is higher than average compared to its 30.18% growth within a five-year period.

Also in NEW FARM, the median home price is sitting at $1,855,000, and the average rent at $742.5, this suggests property owners could potentially earn a 2.08% increase in gross rental yield.

Property investors have seen a 4.07% gain in NEW FARM based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on NEW FARM, 4005 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 19.68%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 4.81% growth over a ten-year period. It ranks 1718th 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 $1,855,000 $627,500
GROWTH REPORT
Median Quarterly 4.07% -0.4%
Median 12 month 19.68% 8.66%
Median 3 years 27.49% 7.26%
Median 5 years 30.18% 9.13%
10 years average annual 4.81% 1.87%
Weekly media advert. rent $742.5 $405
Time on Market 64.8 days 63.5 days
Gross Rental Yield Percent 2.08% 3.36%
demographics (median values)
Total Population
11244
Weekly Household Income
1141
Household Size
1.80
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