$383 ▲ +19.7%
Higher than 78% of suburb / locality areas.
- 2011: $320
- 2016: $375
- 2021: $383
Median weekly rent paid by households renting their home.
Newmarket · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
More people rent their homes in Newmarket than in most similar areas, with 45.1% of households renting. This creates a housing market where both rents and mortgage repayments are notably high. These costs are often felt in smaller homes, as detached houses are far less common here than across the state.
All suburb / locality areas, 2021. The marker is Newmarket — higher than 78% of areas.
| Newmarket | $383 |
|---|---|
| 4051, QLD | $380 |
| Queensland | $365 |
| Australia | $375 |
Rents, mortgages and crowding.
The typical monthly mortgage payment is $2,167, which is well above the Queensland figure of $1,733. Weekly rent is also much higher than in most areas, though it sits at $383, which is about the same as the national figure.
$383 ▲ +19.7%
Higher than 78% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$2,167 ▼ -1.5%
Higher than 80% of suburb / locality 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 very common here, sitting far above the national figure. Meanwhile, the share of homes owned outright is 22.5%, which is well below both the state and national averages.
45.1% ▼ -1.4%
Higher than 90% of suburb / locality areas.
Share of occupied private dwellings that are rented.
22.5% ▲ +0.6%
Lower than 88% of suburb / locality 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 are far less common here than in the rest of the state, making up only 54.6% of homes. This is consistent with the fact that homes with three or more bedrooms are far below the national figure.
0.80 ▼ -27.3%
Lower than 57% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
54.6% ▼ -5.2%
Lower than 91% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
61.2% ▲ +5.3%
Lower than 86% of suburb / locality 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/sal/SAL32135/newmarket/topic/housing-dwellings