Newmarket House Prices & Property Market

Welcome to Newmarket

Newmarket is on the move – upwards. It’s a suburb where quaint and quiet meets trendy and stylish.  With major infrastructure recently completed in the area, Newmarket is quickly becoming one of Brisbane’s highly sought after Blue Chip suburbs. Located just 6 kilometers from the city centre, Newmarket is defined by its family friendly neighbourhood spirit, leafy tranquility, and generous land sizes.

Neighbourhood Tags

  • Central & Convenient
  • Extensive Transportation Networks
  • Amazing Amenities & Local Vendors
  • Excellent Infrastructure
  • Family Friendly
  • Leafy & Green
  • Railway Station
  • Vantage City Views
  • Warm Local Community

Average Property Price

Taken from sales history report August 2016 – August 2017 and rental comparison report.

$800k House Price

$430k Unit Price

$3-4k/pm Mortgage

Commute Options

6km From CBD

  • 18 min
  • 25 min
  • 1hr 5min
  • 24 min

Newmarket House Prices - Suburb Overview & Investment Potential

Newmarket is an ideal suburb for inner city family living. Homebuyers are attracted to Newmarket because it offers spacious, character protected homes, a central location, and fantastic school catchments. The majority of properties in Newmarket are owner-occupied. The predominant age group in Newmarket is 25-34 years and households in Newmarket are primarily rented or owned by professional couples with children who are likely to be paying between $3000 – $4000 per month on their mortgage.

Newmarket house prices are a reflection of all the benefits this fantastic, central location has on offer – including quality schools, an extensive public transport network, and a warm and thriving local community.

Newmarket Property Prices – Investment Potential

Newmarket is a hugely convenient and desirable location for hospital staff and medical practitioners, as it’s in close proximity to the Royal Brisbane and Women’s Hospital, The Prince Charles Hospital, and Wesley Hospital. Prospective buyers and renters are often happy to pay top dollar to live in Newmarket. This is reflected in both the fact that Newmarket property prices have been driven up over recent months, and the fact that rental properties in Newmarket can command favourable returns in rent.

Newmarket house prices have been steadily on the rise, and equity growth in the area can be largely attributed to demand and being an excellent transport hub with its own train station. Recent development has seen a surge in the supply of apartments and units in Newmarket, while homes on large allotments are of extreme appeal. This helps to drive equity and keep Newmarket property prices competitive.

    • Bedrooms
    • Buy Price
    • Rental Price
    • 2 Beds
    • $745,000
    • $382
    • 3 Beds
    • $750,000
    • $430
    • 4 Beds
    • $1,006,000
    • $700
    • 5 Beds
    • $950,250
    • $800

Average House Price

$800k Buy

$469 Rent

    • Bedrooms
    • Buy Price
    • Rental Price
    • 1 Beds
    • $259,750
    • $297
    • 2 Beds
    • $390,000
    • $350
    • 3 Beds
    • $510,000
    • $450

Average Unit Price

$430k Buy

$360 Rent

45.9%Renting
28.9%Mortgage
22.4%Owns
2.8%Other
Household Structure
Primary Demographics
Household Income
    • 0-15K
    • 4.4%
    • 15-31K
    • 11.6%
    • 31-52K
    • 12.5%
    • 52-78K
    • 14.7%
    • 78-130K
    • 18.6%
    • 130-180K
    • 18.3%
    • 180K +
    • 9.5%

Newmarket School Catchments

    • Newmarket State School
    • Co-ed
    • Primary
    • 15 Banks St Newmarket Qld 4051
    • (07) 3552 7222
    • Wilston State School
    • Co-ed
    • Primary
    • 11 Primrose St Grange QLD 4051
    • (07) 3552 8444
    • St Ambrose's Catholic School
    • Co-ed
    • Primary
    • 23 Davidson St Newmarket QLD 4051
    • (07) 3356 4130
    • Kelvin Grove State College
    • Co-ed
    • Combined
    • L'Estrange Tce Kelvin Grove QLD 4059
    • (07) 3552 7333

Central and Convenient

Newmarket is a thriving inner city suburb with tremendous character. It’s central and convenient, well positioned for local schools, and also offers spacious properties that give families room to grow. Local properties are a blend of classic character homes and cutting edge architecture.

Despite being so central and convenient, Newmarket is immersed in nature. It’s home to the Banks Street Reserve, a reserve which contains over 30 hectares of bushland as well as a large open space that was once a market garden. Enoggera Creek forms the southern boundary of Newmarket and contains a linear park and bike path.

Newmarket is rated the 45th most walkable neighbourhood in Brisbane, with a walk score of 71. Most errands can easily be accomplished on foot or by catching public transport, which is another in a long list of reasons why Newmarket has a reputation for being environmentally friendly and green.

Newmarket is characterised by its vibrant and energetic local community spirit. It has an eclectic cafe and restaurant scene, and there are amazing places to eat dotted all over Newmarket, including Homeslice, Crust and Co, and Golden Wood Teppanyaki. The recently revamped Newmarket Village is the area’s favoured entertainment and dining hub, and residents can now catch the latest flick at the newly completed Reading Cinemas Newmarket, which has wall-to-wall screens that offer a truly unique cinema experience.

6km From CBD

A large portion of locals are environmentally conscious, and are therefore drawn to Newmarket because it’s a highly walkable suburb and has exceptional public transport infrastructure. Along with its very own railway station, Newmarket also has an extensive bus network.

  • 18 min
  • 25 min
  • 1hr 5min
  • 24 min

Properties For Sale