Thinking about buying in Newmarket? Now could not be a better time, with 3507 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,237,000 with prices in this suburb ranging from $251,000 to $10,938,000. The aproximate distance to the coast is 11 Km.
Median Weekly Rent | $417.60 |
Median Monthly Mortgage | $2479.20 |
Median Persons Per Bedroom | 0.86 |
Average Household Size | 2.60 |
Average Age | 37.60 |
Average Income | $1048.20 |
Average Cars Per Dwelling | 1.72 |
Average Properties Within 50M | 28 |
1 Bed  $604,000 |
2 Bed  $831,000 |
3 Bed  $1,303,000 |
4 Bed  $1,803,000 |
5 Bed  $2,600,000 |
6 Bed+$2,769,000 |
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Newmarket ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Newmarket provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Newmarket necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
unit 8, 2-4 garden tce, newmarket, qld, 4051 | 2 | 2 | 1 | UNDER CONTRACT | |
unit 6, 38 edmondstone st, newmarket, qld, 4051 | 1 | 1 | 1 | Offers Over $395,000 | |
3 gaunt st, newmarket, qld, 4051 | 5 | 4 | 4 | 2250000 | |
unit 1, 20 thurlow st, newmarket, qld, 4051 | 7 | 2 | 2 | 1500000 |
Newmarket State School
St Ambrose's Primary School
Wilston State School
St Columba's Primary School
Red Hill Special School
St Finbarr's School
Kelvin Grove State College
Ithaca Creek State School
Mt St Michael's College
Queensland Academy for Creative Industries
(While the above schools are located with the suburb of Newmarket there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 5.8 | 21.6 | 30.4 | 51.8 | 87.6 | 2.2 | 24.8 |
Feb | 7.2 | 21.7 | 30.1 | 52.6 | 87.5 | 1.9 | 21.2 |
Mar | 5.6 | 20.6 | 29.5 | 52.8 | 90.3 | 1.6 | 17.6 |
Apr | 2.8 | 17.6 | 27.3 | 49.7 | 89.6 | 1.5 | 16.1 |
May | 2.2 | 13.8 | 24.0 | 46.9 | 88.2 | 1.4 | 13.9 |
Jun | 2.4 | 12.4 | 22.2 | 49.1 | 88.2 | 1.3 | 11.9 |
Jul | 0.8 | 10.7 | 22.4 | 41.2 | 87.4 | 1.3 | 13.4 |
Aug | 0.3 | 11.1 | 24.6 | 32.3 | 85.7 | 1.5 | 17 |
Sept | 0.6 | 14.0 | 26.1 | 37.4 | 86.1 | 1.7 | 20.2 |
Oct | 2.8 | 16.1 | 27.1 | 42.2 | 86.1 | 1.8 | 22.9 |
Nov | 2.5 | 19.1 | 28.9 | 45.9 | 85.5 | 1.9 | 25.5 |
Dec | 5.5 | 21.1 | 29.9 | 50.0 | 85.7 | 2.0 | 23.0 |
source: Australian Government Bureau of Meteorology
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