Burbank vs New Farm
Property investment comparison - Burbank, QLD 4156 vs New Farm, QLD 4005
Head-to-head across core investment metrics: Burbank wins 2, New Farm wins 3. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Burbank | New Farm |
|---|---|---|
| Median house price | $3.2M | $3.7M |
| Median unit price | $765K | $1.0M |
| Gross rental yield (houses) | 1.56% | 1.62% |
| Gross rental yield (units) | 5.38% | - |
| 1-year house growth | +0.3%estimate | +8.9% |
| 3-year house growth | - | -7.8% |
| Vacancy rate | 1.5% | 1.2% |
| Population | 1,051 | 12,197 |
Burbank vs New Farm: what the numbers say
The median house price is $3.2M in Burbank and $3.7M in New Farm, so Burbank is the cheaper entry point, with New Farm houses about 15% dearer.
For units, Burbank sits at a median of $765K against $1.0M in New Farm, which makes Burbank the more affordable unit market and New Farm the pricier one.
On cash flow, New Farm leads: houses there return a gross rental yield of 1.62%, compared with 1.56% in Burbank, a gap of 0.06 percentage points.
Over the past year house prices moved +0.3% in Burbank (an estimate) and +8.9% in New Farm, so recent momentum favours New Farm, although both suburbs recorded growth.
Rental vacancy is 1.2% in New Farm and 1.5% in Burbank, so landlords in New Farm face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
New Farm is the bigger suburb, with a population of 12,197 against 1,051, roughly 12 times the size of Burbank; a larger suburb usually means a deeper pool of buyers and tenants.
In short: New Farm for rental income, Burbank for a lower purchase price, New Farm for recent price momentum, New Farm for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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