$383 ▲ +19.7%
Higher than 55% of statistical area 2 (sa2) areas.
- 2011: $320
- 2016: $375
- 2021: $383
Median weekly rent paid by households renting their home.
Newmarket · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
Weekly rents in Newmarket have risen by $63 since 2011, reflecting a housing market where nearly half of all households now rent. This area stands out for its high proportion of renters and a higher-than-usual share of apartments and townhouses compared to the rest of the state.
All statistical area 2 (sa2) areas, 2021. The marker is Newmarket — higher than 55% of areas.
| Newmarket | $383 |
|---|---|
| 4051, QLD | $380 |
| Queensland | $365 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical monthly mortgage payments are $2,167, which is much higher than most areas and well above the Queensland figure. Weekly rent is about the same as the national figure at $383.
$383 ▲ +19.7%
Higher than 55% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$2,167 ▼ -1.5%
Higher than 73% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Newmarket, the largest group is $350–$549 at 43%, followed by $200–$349 (28%) and $550–$749 (13%).
Newmarket splits fairly evenly between $1,800–$2,999 (35%) and $3,000 or more (31%), with $1,000–$1,799 at 21%.
How homes are owned or rented.
Renting is far more common here than in the rest of Australia, with 45.1% of households renting. Conversely, the 22.5% who own their homes outright is well below the state and national figures.
45.1% ▼ -1.5%
Higher than 86% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
22.5% ▲ +0.6%
Lower than 78% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
In Newmarket, the largest group is Rented at 45%, followed by Owned with a mortgage (29%) and Owned outright (23%).
Houses, townhouses, apartments and bedrooms.
Separate houses make up 54.6% of homes, which is far below the Queensland average. This trend is consistent with a higher share of flats and townhouses, meaning homes with three or more bedrooms are much less common than in most other areas.
0.80 ▼ -27.3%
Lower than 71% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
54.6% ▼ -5.1%
Lower than 84% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
61.2% ▲ +5.3%
Lower than 83% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Newmarket, Separate house is the majority at 55%; Flat or apartment is next at 29%.
Newmarket splits fairly evenly between 3 bedrooms (32%) and 2 bedrooms (30%), with 4 bedrooms at 19%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Newmarket [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/305031127/newmarket/topic/housing-dwellings