Brisbane City Council · 2km north-east of Brisbane CBD
Median House
$3,210,000
Median Unit
$1,016,350
Population
13,753
Avg Land Size
450m²
From CBD
2km north-east
Proprietary ACRES Data
New Farm Development Intelligence
ACRES Developer Demand Score
0/ 100
Emerging
Development Sites
0
0 properties tracked
Active Enquiries
0
0 owners in network
Recorded Offers
0
Amalgamation Sites
0
Median Land Size
—
Market Momentum
Building
Median Sale Price
$3,688,326
9.7% annual growth
ACRES is expanding its development-site coverage across New Farm and the surrounding precinct. According to current market data, the median sale price sits near $3.69M, 9.7% annual growth.
Key market indicators and historical price trends for New Farm
Annual Growth (Houses)
+13.4%
Annual Growth (Units)
+9.4%
Rental Yield (Houses)
2.7%
Rental Yield (Units)
4.4%
Avg. Days on Market
27
Vacancy Rate
0.8%
5-Year House Growth
+92%
5-Year Unit Growth
+81%
Market Demand
Very High
5-Year Median Price Trend
Houses
Units
Sources: CoreLogic, PropTrack, realestate.com.au. Prices reflect rolling 12-month median. Past performance is not indicative of future results.
About New Farm
New Farm is widely regarded as Brisbane's most desirable inner-city suburb. Centred around the iconic New Farm Park, Brisbane Powerhouse, and the tree-lined Brunswick Street cafe strip, New Farm combines leafy Queenslander streets with sophisticated apartment living. The suburb's riverfront position, walkability, and village atmosphere make it the benchmark for premium Brisbane living.
Development Potential
Moderate. Heritage character overlays protect many streets, but medium-density sites on key corridors attract strong developer interest. Brunswick Street and the Merthyr Road corridor offer development potential. Any new development must respect the established character and scale of the suburb.
Key Zoning: Character Residential, Medium Density Residential, Low-Medium Density
Growth Drivers
Brisbane's most prestigious inner suburb
New Farm Park and lifestyle amenity
Brunswick Street retail maturation
Powerhouse arts precinct
Heritage character driving price floor
Thinking of Selling?
ACRES provides complimentary property assessments for New Farm owners. Discover your property's true development site value.
Properties in New Farm with development potential are selling for 30–100% above standard residential value. Find out if yours qualifies — no cost, no obligation.
J
M
S
29 property owners in New Farm requested assessments this month
Median price data sourced from realestate.com.au (April 2025 – March 2026). Figures are indicative and based on recorded sales. Consult a licensed valuer for property-specific advice.