OFF MARKET

12 Banks Street
Newmarket QLD 4051

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 506m2
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Last updated 16 Dec 2024
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Property Details for 12 Banks St, Newmarket

12 Banks St, Newmarket is a bedroom, bathroom Unit. The property has a land size of 506m2.

Building Type
Unit
Land Size
506m2
Local Government
Brisbane
Lot/Plan
2/RP59498

Property History for 12 Banks St, Newmarket, QLD 4051

A timeline of how this property has performed in the market
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About Newmarket 4051

The size of Newmarket is approximately 1.7 square kilometres. It has 10 parks covering nearly 9.3% of total area. The population of Newmarket in 2011 was 4,444 people. By 2016 the population was 4,986 showing a population growth of 12.2% in the area during that time. The predominant age group in Newmarket is 20-29 years. Households in Newmarket are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newmarket work in a professional occupation. In 2011, 51.2% of the homes in Newmarket were owner-occupied compared with 46.8% in 2016.

Newmarket has 2,499 properties. Over the last 5 years, Houses in Newmarket have seen a 60.01% increase in median value, while Units have seen a 67.18% increase. As at 30 November 2024:

  • The median value for Houses in Newmarket is $1,555,450 while the median value for Units is $739,190.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 11 properties listed for sale, and 16 properties listed for rent in Newmarket on OnTheHouse. According to CoreLogic's data, 83 properties were sold in the past 12 months in Newmarket.

Suburb Insights for Newmarket 4051

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.