Suburb Profiles
Newmarket (4051)
Owner-Occupier Appeal
Newmarket is a well-regarded inner-north suburb located about 5 km from Brisbane’s CBD. It has strong owner-occupier appeal thanks to its leafy streets, character Queenslanders, shopping village, and excellent public transport. The suburb offers a comfortable blend of urban convenience and suburban calm, with renovated cottages, post-war homes, and modern townhouses scattered throughout.
Owner-occupiers value Newmarket for its family-friendly feel, proximity to good schools, and access to bikeways and parks, particularly along the Enoggera Creek corridors. The suburb has a cohesive, well-maintained look, and the Newmarket Village precinct adds a modern retail and dining hub. The trade-offs include pockets of unit development near the train station and traffic build-up along Enoggera Road. Quieter backstreets, however, deliver a highly liveable, settled environment that appeals to many upgraders and young families.
Investor Appeal
Newmarket is a strong performer for investors due to its proximity to the CBD, reliable rental demand, and mix of housing types. Character homes perform particularly well, attracting long-term tenants willing to pay for lifestyle and access. Boutique townhouses and modern low-rise units also benefit from strong demand, especially among young professionals and medical staff working in nearby hospital precincts.
Units in larger complexes closer to the main roads can be more hit-or-miss, with growth potential tied closely to building quality and scarcity. Nonetheless, Newmarket’s fundamentals remain solid - limited land, high owner-occupier presence, and consistent demand ensure stable long-term performance.
Key Suburb Features
-
![]()
Demographics
Newmarket attracts a diverse mix of professionals, young families, medical staff, and long-term residents. It has a balanced demographic profile - affluent without being exclusive, family-friendly but still lively due to the train station, cinema, and retail village. The suburb feels stable, community-driven, and increasingly popular with buyers priced out of more expensive inner-north suburbs like Wilston and Windsor.
-
![]()
Distance to City
Newmarket is about 5 km from the CBD. Driving typically takes 10–12 minutes off-peak and 15–25 minutes during peak-hour, depending on traffic along Enoggera Road. The suburb has excellent public transport, with Newmarket train station providing rapid access into Central in around 10 minutes. Multiple bus routes also run through the area, and active transport via the Enoggera Creek bikeway offers fast cycling access to the city. Overall, it’s one of the better-connected suburbs on the northside.
-
![]()
Suburb Projects & Growth Potential
Newmarket benefits from strong underlying fundamentals - proximity to major employment hubs, limited development land, and continued investment in nearby suburbs such as Kelvin Grove, Herston, and Windsor. The suburb is largely built out, so growth will continue to come from renovations, gentrification, and demand from families seeking character housing close to the CBD.
Upgrades to Newmarket Village, ongoing improvements to bikeways and road access, and broader inner-city density plans all support long-term value. It’s not a suburb driven by mega-projects, but rather by consistent owner-occupier demand and limited supply.
-
![]()
Flood Risk
Newmarket has mixed flood exposure, especially near Enoggera Creek and some lower-lying pockets around Wilston Road, Foster Street, and areas backing onto the creek corridor. Elevated sections and the pockets closer to Alderley and Ashgrove generally have minimal risk. Buyers should review flood overlays carefully, particularly when looking at renovated character homes on flat blocks.
-
![]()
Best Buy in the Suburb
House: A renovated or reno-ready Queenslander or post-war home in a quiet pocket near Ashgrove or the Alderley border.
Townhouse/Unit: A boutique townhouse or low-rise unit away from major roads, ideally within walking distance of the train station or the village.
Newmarket is one of the northside’s most reliably appealing suburbs. It offers character, convenience, and strong community feel without the price premium of neighbouring blue-chip pockets. It’s not completely polished - some unit-heavy areas and traffic near the main road detract slightly - but the overall balance is excellent.
For investors, it’s a suburb with low volatility and strong fundamentals, provided you choose the right pocket. For owner-occupiers, it offers a lifestyle that’s hard to beat: transport, shops, schools, and greenery all within minutes of the CBD. Newmarket is not flashy, but it’s consistently one of the safest choices on Brisbane’s inner north.
