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Newmarket, QLD 4051
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,660,000
market range $1.6M-$1.9M
Median Unit
$850,000
market range $775K-$900K
Gross Yield (houses)
2.5%
1yr Growth (houses)
+10.5%
market range +7.5% to +15.0%
Investment snapshot for Newmarket
Newmarket has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Newmarket market and investor summary
In Newmarket, QLD 4051, the median house sells for around $1.7M, on a gross rental yield of 2.5% for houses. House prices have moved +10.5% over the past year and +29.5% over three years. At 1.2% vacancy, it is a tight rental market that favours landlords.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.5% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.2% and a resident base that is not shrinking.
Living in Newmarket: people, income and schools
Newmarket has a resident population of roughly 5,083, and the area has been growing steadily, up about 7% over five years. At a median age of 33, it reads as broadly working-age, and families account for 63% of households.
The typical household income runs to around $117,000 a year (about $2,250 a week). On socio-economic measures it ranks among the most advantaged in the country (10 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 14.2 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 16% over five years, which tends to underpin what local buyers can pay.
Families have 83 schools within roughly 5km to choose from, and they test well above the national school average on ICSEA, a draw for education-focused families. Newmarket sits about 4.1 km from the CBD. Most day-to-day errands are doable on foot; the suburb scores 72 for walkability and 43 for transit out of 100. Fixed broadband is delivered over the NBN's Hybrid Fibre Coaxial (HFC).
- Population
- 5,083
- +7% over 5yr
- Median age
- 33 years
- Median household income
- $117,000/yr
- Households renting
- 45%
- Family households
- 63%
- Socio-economic rank
- 10/10
- ABS advantage index
- Schools within 5km
- 83
- avg ICSEA 1157
- Unemployment
- 4.3%
- Distance to CBD
- 4.1 km
- Walk score
- 72/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Newmarket
View all →Frequently asked questions about Newmarket
What should I check before investing in Newmarket?
Newmarket has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +10.5% in the past year shows strong recent price momentum. 3-year capital growth of +29.5% shows sustained momentum, not just a single-year spike. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Newmarket?
The median property price in Newmarket, QLD 4051 is $1.7M for houses and $850K for units.
What rental yield does Newmarket show?
The gross rental yield in Newmarket is 2.5% for houses and 3.8% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Newmarket?
House prices in Newmarket are up 10.5% over the past year and up 29.5% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Newmarket?
The current vacancy rate in Newmarket is 1.2%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Newmarket?
Newmarket has a population of approximately 5,083 residents, with a median age of 33.
What schools are near Newmarket?
There are 83 schools within roughly 5km of Newmarket. Their average ICSEA sits well above the national mean of 1000, which points to a more advantaged school catchment. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Newmarket affordable to buy in?
A median house in Newmarket costs about 14.2 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Newmarket's population growing?
The population of Newmarket has grown about 7% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Newmarket from the CBD?
Newmarket is about 4.1 km from the CBD.
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