New Farm, QLD 4005

New Farm, QLD 4005

Compare Part of Brisbane

1.89 km
Distance from CBD
10 k
Population

Auction Times

Thu 1 Aug
Auction Time Agency
32/119 Moray Street
3 2 1 Apartment
5:30 PM
Thu 1st Aug
McGrath New Farm
Median Sale Price
House
$1.45M
Updated on May 2019
2 BR
$1.3M
3 BR
$1.32M
4 BR
$1.62M
Unit
$555K
Updated on May 2019
1 BR
$320K
2 BR
$563K
3 BR
$850K
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$950,000
0.0% $367,000 $3,000,000 54
2010
$1,345,000
+29.4% $425,000 $4,800,000 61
2011
$1,180,000
-14.0% $210,000 $2,550,000 79
2012
$972,500
-21.3% $366,000 $4,550,000 106
2013
$1,190,000
+18.3% $430,000 $9,850,000 191
2014
$1,300,000
+8.5% $705,000 $3,970,000 87
2015
$1,500,000
+13.3% $670,500 $7,000,000 79
2016
$1,600,000
+6.3% $760,000 $5,100,000 63
2017
$1,415,000
-13.1% $875,000 $4,800,000 69
2018
$1,562,500
+9.4% $725,000 $3,360,000 22
2019
$2,270,000
+31.2% $1,525,000 $2,850,000 6
Median Sale Price
$2.27M
Based on 10 recorded sales within the last 12 months
Updated on 21 Jul 2019
Suburb Growth
+25.6%
Current Median Price: $2,270,000
Previous Median Price: $1,690,000
Based on 52 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jun 2019)
Price Range Segments (12 months ending Jun 2019)
Median Weekly Rent Price
House
$750
Updated on Jun 2019
2 BR
$500
3 BR
$720
4 BR
$850
Unit
$398
Updated on Jun 2019
1 BR
$323
2 BR
$430
3 BR
$650
4 BR
$675
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$655
0.0% $160 $2,500 75
2012
$650
-0.8% $165 $3,000 85
2013
$800
+18.8% $190 $2,500 97
2014
$680
-17.6% $170 $2,500 92
2015
$690
+1.4% $155 $2,500 203
2016
$725
+4.8% $175 $2,900 167
2017
$760
+4.6% $150 $2,000 150
2018
$800
+5.0% $150 $3,300 152
2019
$750
-6.7% $165 $2,100 77
Median Rent Price
$760
per week
Based on 136 recorded rent within the last 12 months
Updated on 21 Jul 2019
Rent Price Growth
-2.6%
Current Median Rent: $760
Previous Median Rent: $780
Based on 285 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+1.7%
Current Median Price: $2,270,000
Current Median rent: $760
Based on 146 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jun 2019)

Auction Results For New Farm

Houses sold in Last 12 months ends 20 Jul 2019

$2.01M

Median Sale Price

43%

Clearance Rate

11/26

Sold/Reported

$2.85M

Highest Sale Price

Sold Price Range No. of Sold Properties
$2 M - $3 M
(Median Price Range)
4
$1.4 M - $1.6 M 1
$1.2 M - $1.4 M 1
$800 K - $1 M 1

Schools closest to New Farm, QLD 4005

School name Address Type Sector Distance
Holy Spirit School 36 VILLIERS STREETNew Farm 4005 Primary Catholic 0.38 km
New Farm State School CNR JAMES AND HEAL STREETSNew Farm 4005 Primary Government 0.84 km
Lourdes Hill CollegeTop 50 86 HAWTHORNE ROADHawthorne 4171 Secondary Catholic 1.11 km
Anglican Church Grammar SchoolTop 10 OAKLANDS PARADEEast Brisbane 4169 Combined Independent 1.67 km
All Hallows' SchoolTop 10 547 ANN STREETBrisbane 4000 Combined Catholic 1.59 km
Norman Park State School AGNEW STREETNorman Park 4170 Primary Government 1.67 km
Music Industry College LEVEL 1, 458 WICKHAM STREETFortitude Valley 4006 Secondary Independent 1.87 km
St James College 201 BOUNDARY STREETBRISBANE 4000 Secondary Catholic 1.84 km
Morningside State School PASHEN STREETMorningside 4170 Primary Government 1.94 km
East Brisbane State School WELLINGTON ROADEast Brisbane 4169 Primary Government 2.15 km