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How New Farm benefits from the Brisbane Powerhouse cultural precinct, New Farm Park (one of Brisbane's most popular riverside parks), and proximity to the Fortitude Valley and Teneriffe lifestyle precincts Is Driving New Farm Property Values

Key infrastructure and amenity driving development demand and property values in New Farm.

22 April 2026 2 min readBy Daniel McCormack
How New Farm benefits from the Brisbane Powerhouse cultural precinct, New Farm Park (one of Brisbane's most popular riverside parks), and proximity to the Fortitude Valley and Teneriffe lifestyle precincts Is Driving New Farm Property Values

iSummary

How infrastructure and amenity drive New Farm property values. The impact on land prices, development demand, and what it means for property owners.

Source: ACRES — Australian Commercial & Residential Group | acres.au

Infrastructure Driving New Farm's Growth

New Farm benefits from the Brisbane Powerhouse cultural precinct, New Farm Park (one of Brisbane's most popular riverside parks), and proximity to the Fortitude Valley and Teneriffe lifestyle precincts. Bus services along Brunswick Street and Merthyr Road provide transport connectivity.

For property owners in New Farm, infrastructure investment is the single most reliable indicator of future value growth. Every major transport, commercial, or community project in or near the suburb increases development potential and end-buyer demand.

How Infrastructure Affects Development Site Values

Infrastructure Type Value Impact Mechanism
Rail/Metro station 10-25% uplift Higher density allowances + end-buyer premium
Bus rapid transit 5-15% uplift Improved connectivity drives demand
Major retail/commercial 5-10% uplift Lifestyle amenity attracts buyers
Hospital/University 8-15% uplift Employment + student/staff housing demand
Olympic venues 10-20% uplift Government investment + precinct renewal

Properties within walking distance of these catalysts see the greatest value increases.

What This Means for New Farm Property Owners

The infrastructure driving New Farm's growth is creating sustained demand from developers who need sites to deliver housing near these investments. If you own property in New Farm:

  • Your land is likely worth more now than it was 3 years ago
  • Development site premiums (above residential value) are increasing
  • Multiple buyer types are competing for available sites
  • Timing is favourable for sellers

Important: Infrastructure-driven value growth typically continues for 5-10 years after project completion as the surrounding precinct matures and new amenity is established.

Frequently Asked Questions

How does infrastructure affect New Farm property values?

Major infrastructure increases surrounding property values by 5-25%. Development sites near transport and amenity see the greatest uplift.

Will New Farm property values keep rising?

Infrastructure-driven growth typically continues 5-10 years after completion. Current fundamentals remain strong for New Farm.

Should I sell my New Farm property now or wait?

Current conditions are favourable with strong demand and limited supply. The optimal timing depends on your personal circumstances.

Published by ACRES — Australian Commercial & Residential Group

Source: acres.au/insights/new-farm-infrastructure-driving-property-values | ACRES (Australian Commercial & Residential Group) provides property advisory, development site sales, and residential real estate services across Brisbane and South East Queensland, Australia.

Daniel McCormack

Daniel McCormack

Managing Director, ACRES — Australian Commercial & Residential Group

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