Average rent in New Farm, QLD — 2026

New Farm is part of the Brisbane council area and sits 2km out from the Brisbane CBD, with around 12,454 residents at the 2021 ABS Census. Renters here typically pay $405/week, which is above the Queensland median of $359/week. About 54% of households rent — the rest are owners or paying down a mortgage.

$405/wk

ABS 2021 Census median

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Suburb at a glance

Population
12,454

ABS 2021

Median age
39
Distance to Brisbane
2 km
Households renting
54%
Separate houses
21%
Flats / apartments
74%
Born overseas
28%
Top occupation
Professionals
LGA
Brisbane

Renting in New Farm

Renting in New Farm costs more than most of Queensland — the typical renter pays $405/week, which is 13% above the state median of $359/week (ABS Census 2021). The suburb is mostly renters (54%) living mostly in flats and apartments (74%), which fits the inner-Brisbane pattern. About 28% of residents were born overseas, and Professionals is the biggest occupation category. New Farm is 2km from the CBD — close to jobs, transit, and the kind of inner-city amenity that pushes rent up. Applications close fast and competition is real. State rent indices have moved a lot since 2021, so the live figure above matters more than the Census baseline.

Frequently asked questions

What's the median rent in New Farm?+
According to the ABS 2021 Census, the median weekly rent in New Farm, QLD was $405. The live figure at the top of this page reflects what RenterSay users have reported more recently. State-wide rent indices suggest the 2021 number is by now well behind current asking rents — use it as a baseline, not a quote.
How does New Farm rent compare to Queensland?+
At the 2021 Census, Queensland's state median rent was $359 a week. New Farm sat at $405 — 13% above the state average. The suburb is 2km from Brisbane, and rent generally scales with how close you are to the CBD, transit links, and the local dwelling mix (21% separate houses, 74% flats here).
Which suburbs near New Farm have lower rent?+
Nearby suburbs with lower median rents than New Farm's $405/week (ABS 2021) include Sunnybank, Alexandra Hills, Mooloolaba - Alexandra Headland. Highfields, Riverhills, Stafford Heights sit above. Bear in mind that lower nominal rent doesn't always reflect better value once you factor in commute time, transit access, and housing condition — the rent submission form below lets you contribute to the live picture for your area.

Nearby suburbs in QLD

Broadbeach Waters

$600/wk

Rochedale - Burbank

$600/wk

Fig Tree Pocket

$590/wk

Benowa

$580/wk

Chapel Hill

$555/wk

Noosa Heads

$550/wk

Renting in QLD?

Know your rights as a renter — state laws, repair obligations, bond rules and more.

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