New Farm · Statistical Area 2 (SA2)

Housing & Dwellings in New Farm

Where and how people live — the homes, how they are held, and what they cost.

More people rent their homes in New Farm than in almost any other similar area. This high rental rate is mirrored by a lack of detached houses, with apartments making up the vast majority of the local housing stock. The typical resident faces costs well above the state average, particularly for home loans.

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📍 New Farm, Statistical Area 2 (SA2)

Where New Farm sits — Median rent (weekly)

$405 ▲ +15.7%
  • $100–$121: 37 areas
  • $121–$143: 11 areas
  • $143–$164: 27 areas
  • $164–$186: 32 areas
  • $186–$207: 63 areas
  • $207–$229: 57 areas
  • $229–$250: 59 areas
  • $250–$271: 158 areas
  • $271–$293: 106 areas
  • $293–$314: 178 areas
  • $314–$336: 149 areas
  • $336–$357: 207 areas
  • $357–$379: 179 areas
  • $379–$400: 182 areas
  • $400–$421: 312 areas
  • $421–$443: 103 areas
  • $443–$464: 158 areas
  • $464–$486: 69 areas
  • $486–$507: 85 areas
  • $507–$529: 38 areas
  • $529–$550: 32 areas
  • $550–$571: 45 areas
  • $571–$593: 19 areas
  • $593–$614: 34 areas
  • $614–$636: 8 areas
  • $636–$657: 11 areas
  • $657–$679: 5 areas
  • $679–$700: 28 areas

All statistical area 2 (sa2) areas, 2021. The marker is New Farm — higher than 64% of areas.

Median rent (weekly) compared with the state and national average
New Farm$405
4005, QLD $450
Queensland $365
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical monthly home-loan payments are $2,276, which is well above the Queensland figure of $1,733. Weekly rents are also higher than most areas at $405, having risen by $55 since 2011.

$405 ▲ +15.7%

Higher than 64% of statistical area 2 (sa2) areas.

  • 2011: $350
  • 2016: $400
  • 2021: $405

Median weekly rent paid by households renting their home.

$2,276 ▲ +3.5%

Higher than 79% of statistical area 2 (sa2) areas.

  • 2011: $2,200
  • 2016: $2,167
  • 2021: $2,276

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In New Farm, the largest group is $350–$549 at 47%, followed by $200–$349 (21%) and $550–$749 (13%).

Monthly mortgage distribution

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In New Farm, the largest group is $3,000 or more at 38%, followed by $1,800–$2,999 (25%) and $1,000–$1,799 (24%).

Owning & renting

How homes are owned or rented.

Renting is far more common here than across Australia, with 53.6% of households renting. Meanwhile, the proportion of homes owned outright is 23.9%, which is well below the national figure of 31.0%.

53.6% ▼ -5.4%

Higher than 91% of statistical area 2 (sa2) areas.

  • 2011: 56.7%
  • 2016: 57.1%
  • 2021: 53.6%

Share of occupied private dwellings that are rented.

23.9% ▲ +17.1%

Lower than 75% of statistical area 2 (sa2) areas.

  • 2011: 20.4%
  • 2016: 21.5%
  • 2021: 23.9%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In New Farm, Rented is the majority at 54%; Owned outright is next at 24%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Apartments dominate the landscape, making up 74.2% of homes, while separate houses are far less common than in the rest of the state at just 20.9%. Because there are so few large homes, the number of people per bedroom is a little above the national figure.

0.90 ▼ -18.2%

Higher than 86% of statistical area 2 (sa2) areas.

  • 2011: 1.10
  • 2016: 0.90
  • 2021: 0.90

Average number of usual residents per bedroom — a crowding measure.

20.9% ▼ -3.2%

Lower than 95% of statistical area 2 (sa2) areas.

  • 2011: 21.6%
  • 2016: 20.5%
  • 2021: 20.9%

Share of occupied private dwellings that are separate houses.

35.7% ▲ +9.0%

Lower than 95% of statistical area 2 (sa2) areas.

  • 2011: 32.8%
  • 2016: 33.1%
  • 2021: 35.7%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In New Farm, Flat or apartment is the majority at 74%; Separate house is next at 21%.

Bedrooms per home

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In New Farm, the largest group is 2 bedrooms at 41%, followed by 3 bedrooms (24%) and 1 bedroom (21%).

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for New Farm

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in New Farm [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/305011109/new-farm/topic/housing-dwellings