The size of New Residence is approximately 14.7 square kilometres. The population of New Residence in 2011 was 116 people. By 2016 the population was 76 showing a population decline of 34.5% in the area during that time. The predominant age group in New Residence is 10-19 years. Households in New Residence are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in New Residence work in a managers occupation. In 2011, 81.1% of the homes in New Residence were owner-occupied compared with 62% in 2016..
New Residence has 71 properties. Over the last 5 years, Houses in New Residence have seen a 94.43% increase in median value. As at 28 February 2025:
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