Newmarket
Suburb profile, market snapshot and recent listings for Newmarket, QLD 4051.
About Newmarket
Welcome to Newmarket
Newmarket sits about five kilometres north-west of the Brisbane CBD, tucked between Grange, Wilston, Kelvin Grove, Alderley and Red Hill. It's one of those inner-north pockets that's long been popular with Brisbane families and professionals for its easy city access without the density of suburbs closer to the river.
With a population of just over 5,000 and a median age of 33, Newmarket has a distinctly young, established-family feel. Character Queenslanders on leafy streets sit alongside newer townhouses and apartments, making it a suburb that appeals equally to first-home buyers chasing a low-maintenance unit and families wanting a classic timber-and-tin cottage with a backyard.
Lifestyle & dining
Newmarket's day-to-day life revolves around Enoggera Road and Newmarket Road, where cafes, pubs and everyday retailers keep the strip busy from breakfast onward. It's a relaxed, unpretentious dining scene rather than a flashy one, but the proximity to Wilston's cafe strip and Alderley's local shops means residents rarely have to travel far for a decent coffee or a Friday night meal.
The suburb's character comes through in its mix of old and new, with renovated Queenslanders giving the streets a distinctly Brisbane feel while newer developments add a bit of density and buzz around the main roads.
Shopping
Local shopping is centred on the Newmarket strip itself, supplemented by the bigger Grange and Kelvin Grove shopping precincts nearby. For a larger grocery or retail run, residents typically head to Chermside or into the city, both a short drive or bus trip away.
Getting around
Newmarket is well served by bus routes running along Enoggera Road and Newmarket Road, offering a direct run into the CBD in well under twenty minutes outside peak times. Train access is close at hand too, with Alderley and Wilston stations on the Ferny Grove line just a short trip away, giving residents another fast option into the city or out towards Ferny Grove.
The suburb's position close to Enoggera Road and Kelvin Grove Road also makes it a handy base for drivers, with quick access to the inner-city bypass and onward connections across Brisbane.
Schools & families
Newmarket State School and St Ambrose's Primary School anchor the local family community, both within easy reach of most homes in the suburb. Families with older children benefit from the suburb's closeness to Kelvin Grove, home to secondary schooling and the QUT Kelvin Grove campus, making Newmarket a practical base right through school years and beyond.
The property market
Newmarket's property market reflects strong, sustained demand for inner-north living. The median house price sits at $1.45 million, with recent growth of 15.7% underlining how sought-after the suburb has become. Units and apartments offer a more accessible entry point, with a median of $777,000, while the median rent across the suburb is $750 a week.
Current listings show houses still dominate the market at 56%, with apartments and units making up 24%, townhouses 12% and land parcels the remaining 7%. That mix gives buyers a genuine choice between character homes, low-maintenance apartments and newer townhouse stock, all within the one tightly held pocket of Brisbane's inner north.
Parks & recreation
Green space is close by in nearby Grange and Wilston, along with local parks scattered through Newmarket's residential streets, offering options for weekend walks, dog runs and casual sport. The suburb's flat, walkable layout also makes it an easy place to get around on foot or by bike, connecting residents to the surrounding parklands and sporting grounds of the wider inner north.
Market snapshot
Newmarket property market
Median sale price
$1.45m
House · 3 bed
Median rent
$750
per week
Gross rental yield
2.7%
annual rent ÷ sale price
Typical price range
Entry
$1.13m
Median
$1.45m
Premium
$1.88m
Days on market
14
Auction clearance
0%
Sold this year
28
Median sold price trend · House 3 bed
Compound growth +13.1% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Newmarket by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Newmarket, QLD 4051.
Population
5,083
residents (2021)
Median age
33
years
Household income
$2,251
median, per week
Median rent
$383
per week
Median mortgage
$2,167
per month
Mortgage / income
22%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Newmarket
Government school catchment
Independent & Catholic schools
Recent results
Recently sold in Newmarket
$875k
2/17 Foster Street
Sold ~July 2026
$1.85m
75 Daisy Street
Sold ~July 2026
$1.45m
57 Enoggera Road
Sold ~July 2026
$1.46m
59 Enoggera Road
Sold ~July 2026
$753k
3/38 Alderson Street
Sold ~July 2026
$2.20m
37 Greene Street
Sold ~June 2026
$2m
28 Newbery Street
Sold ~June 2026
$1.30m
44 Erneton Street
Sold ~June 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Newmarket
Compare the area
Price map around Newmarket
Every listing for sale near Newmarket, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
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Common questions
Newmarket suburb FAQ
What is the median property price in Newmarket?
The median house price in Newmarket, QLD is $1.45m for a 3-bedroom home. Over the past year, median sold prices have risen about 15.7%.
How much is rent in Newmarket?
The median weekly rent in Newmarket is around $750 per week.
Is Newmarket a good place to live?
Newmarket is a north-west suburb in the City of Brisbane, Queensland, Australia. Newmarket is an established residential suburb in QLD, with a population of around 5,083 and 2 schools in the area.
What is the population of Newmarket?
Newmarket has a population of 5,083 (ABS 2021 Census), with a median age of 33.
What schools are in Newmarket?
There are 2 schools in or near Newmarket, including Newmarket State School and St Ambrose's Primary School.
How long do homes take to sell in Newmarket?
Properties in Newmarket take around 14 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Newmarket?
Entry-level properties in Newmarket start around $1.13m, while premium homes reach $1.88m.
What suburbs are near Newmarket?
Suburbs near Newmarket include Wilston, Grange, Kelvin Grove, Alderley and Red Hill.
Fresh to market
New this week in Newmarket
Space to Grow - Charming Post-War Family Home on a Generous Corner Block
Character Family Home with Dual Street Access
Private, Spacious Freehold Townhouse with No Body Corporate Fees in a Prime Newmarket Location
Available now