New Farm Market Report There are plenty of reasons why New Farm remains a top performing suburb due to its walkability, inner city, riverfront location and cosmopolitan vibe. The New Farm median house price is currently $2,250,000 (13.1% growth over 12 months) based on 61 sales in the past 12 months (July 2021/22). The median unit and apartment price is $750,000 (14.5% growth over 12 months) based on 287 sales in the past 12 months. (source: Realestate.com.au) Add to this, 41,000 residents moved to Queensland from other parts of Australia last financial year. A further 30,000 people are expected to pack up and move to the Sunshine State in 2022-23, followed by 19,200 in 2023-24, 19,400 in 2024-25 and 19,600 in 2025-26. (source: former Treasurer Josh Frydenberg 29.3.2022) Immediately following the Brisbane Olympic Games 2032 announcement, the interest from global investors was immediately palpable. Watch this space!
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