Newmarket · Suburb / Locality

Housing & Dwellings in Newmarket

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.

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📍 Newmarket, Suburb / Locality

Where Newmarket sits — Median rent (weekly)

$383 ▲ +19.7%
  • $0–$25: 37 areas
  • $25–$50: 86 areas
  • $50–$75: 199 areas
  • $75–$100: 214 areas
  • $100–$125: 525 areas
  • $125–$150: 343 areas
  • $150–$175: 699 areas
  • $175–$200: 597 areas
  • $200–$225: 1183 areas
  • $225–$250: 724 areas
  • $250–$275: 1277 areas
  • $275–$300: 787 areas
  • $300–$325: 1282 areas
  • $325–$350: 618 areas
  • $350–$375: 935 areas
  • $375–$400: 570 areas
  • $400–$425: 763 areas
  • $425–$450: 288 areas
  • $450–$475: 415 areas
  • $475–$500: 176 areas
  • $500–$525: 204 areas
  • $525–$550: 79 areas
  • $550–$575: 125 areas
  • $575–$600: 70 areas
  • $600–$625: 97 areas
  • $625–$650: 21 areas
  • $650–$675: 54 areas
  • $675–$700: 145 areas

All suburb / locality areas, 2021. The marker is Newmarket — higher than 78% of areas.

Median rent (weekly) compared with the state and national average
Newmarket$383
4051, QLD $380
Queensland $365
Australia $375

Housing costs

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.

  • 2011: $320
  • 2016: $375
  • 2021: $383

Median weekly rent paid by households renting their home.

$2,167 ▼ -1.5%

Higher than 80% of suburb / locality areas.

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

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Newmarket, the largest group is $350–$549 at 43%, followed by $200–$349 (28%) and $550–$749 (13%).

Monthly mortgage distribution

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Newmarket splits fairly evenly between $1,800–$2,999 (35%) and $3,000 or more (31%), with $1,000–$1,799 at 21%.

Owning & renting

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.

  • 2011: 45.7%
  • 2016: 46.6%
  • 2021: 45.1%

Share of occupied private dwellings that are rented.

22.5% ▲ +0.6%

Lower than 88% of suburb / locality areas.

  • 2011: 22.4%
  • 2016: 20.5%
  • 2021: 22.5%

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

How homes are owned or rented

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In Newmarket, the largest group is Rented at 45%, followed by Owned with a mortgage (29%) and Owned outright (23%).

Types of homes

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.

  • 2011: 1.10
  • 2016: 0.90
  • 2021: 0.80

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

54.6% ▼ -5.2%

Lower than 91% of suburb / locality areas.

  • 2011: 57.5%
  • 2016: 52.1%
  • 2021: 54.6%

Share of occupied private dwellings that are separate houses.

61.2% ▲ +5.3%

Lower than 86% of suburb / locality areas.

  • 2011: 58.1%
  • 2016: 55.8%
  • 2021: 61.2%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Newmarket, Separate house is the majority at 55%; Flat or apartment is next at 29%.

Bedrooms per home

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Newmarket splits fairly evenly between 3 bedrooms (32%) and 2 bedrooms (30%), with 4 bedrooms at 19%.

Sources

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

More for Newmarket

Cite this page

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