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New Farm is an inner North riverside suburb of Brisbane, located 2 km east of the central business district (CBD) on a big bend of the Brisbane River.

The suburb is bounded by Harcourt Street in the west; Chester Street, Gibbon Street, Beeston Street, Kingholme Street, Macquarie Street, and Merthyr Road in the north; and the Brisbane River in the east and south.

New Farm was an unappealing suburban 20 years ago. But a major gentrification in recent years transformed it into a modern cosmopolitan city.

It is a historic suburb with visually stunning vista.

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Suburb overview

From a suburb of ill repute during the 1980s, New Farm has transformed into a beautiful and peaceful suburb following a broad gentrification and infill development through the 1990s and the years since the 2000s.

From an area that once housed immigrants and workers, New Farm is now a neighbourhood that offers cool and relaxed living with food, fun and farmer’s markets within easy access.

The western side features tree-lined streets, large Queenslanders and small blocks of Art Deco flats, and as you stroll along will lead you to New Farm Park, the most iconic and grown-up park in Brisbane. The river’s edge is dominated by larger homes, while the city-side and eastern border now boast of apartment complexes, designed for people who are looking for an easy, inner-city lifestyle.

The suburb features a combination of elegant, well-maintained old-world homes, and modern and older apartment units. Some areas of exudes a suburb-by vibe and other parts feature a very city-chic atmosphere. New Farm can be an expensive place, but will prove worth it in the long run. It is because its central location will always have a good chance for capital growth.

Demographics

  • Total population: 11,330
  • Median personal income (weekly): $1,620
  • Median family income (weekly): $2,606
  • Median age of persons: 36
  • Average household size: 1.9

Dwelling structure

  • Flat, unit or apartment: 61.7%
  • Separate house: 30.7%
  • Semi-detached, row or terrace house, townhouse: 7.4%

Tenure Type

  • Rented: 58.1%
  • Fully owned: 21.1%
  • Being purchased: 20.5%

Market Data

Market Table New Farm

Living in New Farm

One of the most walkable suburbs in Brisbane, you can walk to cafes, the new library, markets and the playground for kids.

Young professionals have been flocking to the area, lured by the proximity to the city and its cool vibe. But a flood of empty-nesters is moving here to experience the coffee lifestyle and low-maintenance living offered by New Farm apartments, units and flats.

History abounds as you stroll along Brunswick Street. One end is the magnificent riverside New Farm Park and the Brisbane Powerhouse, a premier entertainment venue that previously operated as a power station.

Like other Brisbane suburbs, you don’t need a car here. Everything is within walking distance – the restaurants, bars, bookstores, arthouse cinemas and the Farmer’s Market at the Powerhouse. It is well serviced by public buses and City Cat ferries.

There are parks everywhere within the suburb where you can relax and enjoy – Wilson Outlook Reserve, New Farm Park, Powerhouse Park and Merthyr Park. There are also parks immediately outside the vicinity of the suburb – Captain Burke Park, CT White Park and James Warner Park in Kangaroo Point.

Recommended for

  • Internet access
  • Parks and recreation
  • Public transport
  • Resale and rental value
  • Gym and fitness

People who live in New Farm

  • Professionals
  • Singles
  • Families with children
  • Retirees

New Farm has come a long way from 10 years ago. Properties here are most sought after and are expected to continue to do so. It doesn’t matter what age you are. There will be something for you to do when you live in New Farm.