Median price trend for houses
Based on 58 sales in the preceding 12 months
$3,500,000
Up 12.5% over 12 months
- 2 bed
- $1.52m
- 3 bed
- $2.95m
- 4 bed
- $3.72m
- 5+ bed
- $5.3m
Palm-lined street with central garden roundabout
Chris Olszewski · CC BY-SA 4.0
The quick read on
New Farm
QLD 4005 · Brisbane
What homes cost, how rents have moved, and a feel for the people who call it home.
- Median house
- $3,500,000
- Median unit
- $1,060,000
- Population
- 12,197
- Postcode
- 4005
latest suburb median
latest suburb median
ABS 2021
New Farm, Queensland
Property market insights for New Farm
Median sale price and rental income of properties in New Farm QLD
Median rent trend for houses
Based on 113 rental listings in the preceding 12 months
$1,100 per week
No change over 12 months
Market data updated October 2026.
The median house price in New Farm, QLD is currently $3,500,000, based on the latest 12 months of sales. New Farm has a 12-month growth rate of 12.5% for houses and 7.0% for units.
Two-bedroom houses have a median sale price of $1,520,000, Three-bedroom houses have a median sale price of $2,950,000, Four-bedroom houses have a median sale price of $3,720,000, Larger houses have a median sale price of $5,300,000 in New Farm.
If you're looking to lease, the median rent for houses in New Farm is $1,100 per week. The median house rent has remained unchanged over the last 12 months.
The median price of apartments and units for sale in New Farm is $1,060,000, which has increased 7.0% since the same time last year. One-bedroom apartments and units have a median sale price of $725,000, Two-bedroom apartments and units have a median sale price of $1,100,000, Three-bedroom apartments and units have a median sale price of $2,030,000, Four-bedroom apartments and units have a median sale price of $3,500,000 in New Farm. The median rent for units and apartments in New Farm is $700 per week and has increased 3.7% over the last 12 months.
Crime and safety
Is New Farm safe?
The overall rate for New Farm is 1,369 offences per 100,000 residents — 11% above the Greater Brisbane benchmark.
That is the clearest suburb-wide answer. Open the detailed profile to see how the pattern changes across offence types and different parts of New Farm.
Overall crime rate
1,369
offences per 100,000 residents
11% aboveGreater Brisbane
New FarmGreater Brisbane: 1,229
Suburb-wide estimate from Microburbs' public crime model; it is not an address-level measure.
The people behind the postcode
Who lives in New Farm?
New Farm QLD 4005 is in Queensland, within Greater Brisbane.
12,197 people call New Farm home, with an average of 1.9 people per household and a median household income of $2,069 a week.
Public ABS 2021 Census figures. The bars compare the local share with the capital-region benchmark.
- Population
- 12,197
- Median age
- 39 years
- Median mortgage
- $2,264 / month
- 2021 household rent
- $405 / week
Above the benchmarkBelow the benchmarkIn lineGreater Brisbane benchmark
Age profile
Share of residents in each age band.
Under 159.3%Below
15–3432.5%Above
35–5428.2%Above
55–7422.3%Above
75 and over7.6%Above
Homes
Share of occupied private dwellings.
Separate houses20.5%Below
Townhouses4.4%Below
Apartments74.5%Above
Ownership
Share of homes with a stated ownership or rental status.
Owned outright24.5%Below
Paying a mortgage20.7%Below
Renting54.8%Above
Cars at home
Vehicles available to occupied households.
No car15.4%Above
One car51.7%Above
Two cars25.4%Below
Three or more7.5%Below
Getting to work
Selected ways residents worked or travelled on Census day.
Worked from home26.6%Above
Drove to work34.3%Below
Train, tram or bus7.9%Above
Walked or cycled12.3%Above
What stands out in New Farm
26.6% of workers in New Farm worked from home on Census day — noticeably more common than across Greater Brisbane.
4.3% of New Farm residents were born in England.
46.1% of people in New Farm described themselves as having no religion in the 2021 Census.
A closer look at the Census
Questions people ask about New Farm
Open any question for a plain-English reading of the public 2021 Census for New Farm QLD 4005.
Is New Farm family-friendly?Age, family structure and household size describe the community families would be joining.
9.3% of New Farm's residents were children under 15 in the 2021 Census. That is about half the Greater Brisbane rate.
2,809 family households lived in New Farm; 28.1% were couple families and 10.1% were one-parent families.
25.6% of local families included children under 15. That is well below the Greater Brisbane average.
These are suburb-wide household figures, not school or childcare ratings.
What is the age profile of New Farm?The balance between younger adults, families and older residents changes how a suburb feels day to day.
New Farm had 12,197 residents at the 2021 Census.
38.5% of residents were aged 25 to 44.
29.9% were 55 or older. That is somewhat above the Greater Brisbane average.
Age shares use the suburb’s total Census population.
What kind of homes are in New Farm?The dwelling mix shows whether the suburb is mostly detached homes, townhouses or apartments.
Separate houses made up 20.5% of occupied private dwellings in New Farm.
Townhouses and other attached homes represented 4.4% of occupied private dwellings.
Flats and apartments accounted for 74.5% of occupied private dwellings.
All three shares use occupied private dwellings as the denominator.
Do people own or rent in New Farm?Tenure shows how many households own outright, have a mortgage or rent.
24.5% of households with a stated tenure owned their home outright. That is close to the Greater Brisbane average.
20.7% were buying their home with a mortgage.
54.8% rented their home. That is well above the Greater Brisbane average.
Tenure shares include households that stated one of these three arrangements.
How large are households in New Farm?Household-size data shows the mix behind the suburb-wide average.
The average household in New Farm had 1.9 people.
One-person households made up 42.5% of occupied homes. That is well above the Greater Brisbane average.
Two-person households represented 37.3%, while 9.5% had four or more usual residents.
Household size counts usual residents in occupied homes.
How do people get to work in New Farm?Census-day travel shows the balance between home, road, public transport and active travel.
26.6% of workers worked from home on Census day. That is well above the Greater Brisbane average.
34.3% drove a car as their only travel method. That is well below the Greater Brisbane average.
7.9% used only a train, tram or bus, while 12.3% walked or cycled.
Travel figures are a 2021 Census-day snapshot.
How many cars do households have in New Farm?Vehicle availability helps describe the routines local households can support.
15.4% of occupied households had no motor vehicle available. That is about twice the Greater Brisbane rate.
One-car households formed 51.7% of the total.
32.9% of households had two or more vehicles.
Vehicle counts refer to occupied households, not individual residents.
Who's moving to New Farm, and who stays?Address history shows how settled or recently mobile residents were at the Census date.
38.2% were at the same address five years earlier, while 61.8% reported a different address.
27.8% of residents were born outside Australia. That is close to the Greater Brisbane average.
Mobility figures cover residents who answered the relevant Census question.
What languages are spoken in New Farm?Language at home gives a direct view of the community’s everyday linguistic mix.
77.7% of residents used only English at home.
15.6% used a language other than English at home.
1.1% spoke Mandarin at home, 1.5% spoke Cantonese and 0.2% spoke Hindi.
Home language is separate from English proficiency.
Where were New Farm residents born?Birthplace adds another layer to the local story, separate from ancestry and language.
27.8% of New Farm's population was born outside Australia, while roughly 72.2% was born in Australia.
1.2% of residents were born in China.
0.6% were born in India, while Australian citizenship across the whole suburb stood at 81.5%.
Birthplace, citizenship and ancestry describe different parts of identity.
What ancestries shape New Farm?Ancestry responses show how residents describe family and cultural background.
English ancestry accounted for 37.5% of ancestry responses in New Farm.
Australian ancestry made up 24.5% of responses.
Chinese ancestry represented 4.0% of responses.
People may nominate more than one ancestry, so these are shares of responses.
What work do people do in New Farm?Occupation describes a person’s role; industry describes the sector employing them.
41.5% of employed residents worked in professional occupations. That is well above the Greater Brisbane average.
Managers accounted for 18.0% of employed residents, while clerical and administrative workers made up 11.4%.
Health care and social assistance employed 15.1% of workers, and education and training employed 7.1%.
Occupation and industry figures describe employed residents of the suburb.
How active is the workforce in New Farm?Participation, employment pattern and unemployment describe the resident labour force.
The labour-force participation rate was 68.0%, compared with 64.5% across Greater Brisbane.
42.3% of residents aged 15 and over worked full time, while 17.2% worked part time.
Unemployment was 4.2%, compared with 5.5% across Greater Brisbane.
Labour-force figures come from the 2021 Census.
What does the health profile of New Farm show?Selected long-term health conditions help describe community service needs.
59.5% reported no selected long-term health condition.
10.9% reported a long-term mental health condition, including depression or anxiety.
7.7% reported asthma, 6.3% arthritis and 3.0% diabetes excluding gestational diabetes.
These are self-reported suburb-wide Census figures, not address-level health risks.
How educated is New Farm?Qualifications describe the study pathways represented among local residents.
40.1% of people in the qualifications table held a bachelor degree. That is well above the Greater Brisbane average.
Postgraduate degrees accounted for 16.0% of qualification responses.
Diploma-level qualifications represented 11.9%, while certificate-level qualifications represented 13.9%.
Qualification categories are reported separately and are not school ratings.
What do incomes and housing costs look like in New Farm?Census income and household payments give historical context for local living costs.
Median household income was $2,069 per week in the 2021 Census.
The median monthly mortgage repayment reported by local households was $2,264.
Occupied renting households reported a median rent of $405 per week.
These household figures are from 2021; current sale and asking-rent medians appear in the market section.
How does New Farm compare with Greater Brisbane?A few clear differences place the suburb in its wider metropolitan context.
Working from home was 26.6% in New Farm, compared with 17.4% across Greater Brisbane.
Outright ownership was 24.5% locally and 26.7% across Greater Brisbane. That is close to the Greater Brisbane average.
Renting accounted for 54.8% in New Farm, against 36.2% across Greater Brisbane.
Capital-region comparisons use the same Census definitions and year.
Three useful questions
A buyer’s quick guide to New Farm
Is New Farm expensive?
The median house price is $3,500,000, while units and apartments sit at $1,060,000. Bedroom count, land and condition still create a wide range around those suburb medians.
Is New Farm good for families?
The Census counted 2,809 local families, and 9.3% of residents were under 15. That describes the community; school quality, travel times and the right fit for a particular family need separate research.
What can I get for $1.5m in New Farm?
2-bedroom houses have a median around $1,520,000, the closest bedroom benchmark we hold to a $1.5m budget. Individual homes can differ substantially with block size, renovation and location.
Medians describe recorded market activity across the suburb; they are historical context, not a valuation or forecast for an individual home.
Explore the area
Streets and suburbs around New Farm
77 streets in New Farm
Street-by-street reports are not published yet. The streets below are the ones this suburb covers.
- Abbott St
- Adeline Ln
- Alford St
- Amity St
- Annie St
- Bailey St
- Balfour St
- Barker St
- Beeston St
- Binkenba Ct
- Bowen St
- Bowen Tce
- Bowman Ln
- Browne St
- Brunswick St
- Byram St
- Chambers St
- Charles St
Show all 77 streetsShow fewer streets
- Chester St
- Chester Street
- Clay St
- Cross St
- Dawson Ln
- Dixon St
- Dodwell Ln
- Elystan Rd
- Forth St
- Fuljames Ln
- Gertrude St
- Gibbon St
- Gilbey Ln
- Gray St
- Griffith St
- Harcourt St
- Hawthorne St
- Hazel St
- Hazlewood St
- Heal St
- Herbert St
- Hickey St
- Hollins Cr
- Hopetoun
- James St
- Julius St
- Kent St
- Kingsholme St
- Lamington St
- Langshaw St
- Lechmere St
- Lime St
- Llewellyn St
- Lloyd St
- Locke St
- Lower Bowen Tce
- Malt St
- Mark St
- Maxwell St
- Merthyr Rd
- Moray St
- Moreton St
- Mountford Rd
- Oxlade Dr
- Oxley Ln
- Raff Ln
- Refinery Pde
- Reginald St
- Riverview Ct
- Samuel St
- Sargent St
- Small St
- Sydney St
- Terrace St
- Turner Ave
- Villiers St
- Watson St
- Welsby St
- Wynberg Ln
12 suburbs surrounding New Farm
Compare nearby suburb prices, rents and five-year market trends.
Keep exploring
Is New Farm right for your search?
Use the finders to compare places and properties, or open the full report when you need the street, risk, schools and growth research.
Read the thinking
Figures update as new market and census data arrives. This suburb overview is general information, not a valuation or financial advice.