Average rent in Newmarket, QLD — 2026

Newmarket runs close to the Queensland median rent of $359/week, with renters paying around $383/week (ABS Census 2021). What separates Newmarket from the state norm is its renter density — 45% of households are renters, well above the typical owner-occupier mix. The suburb's dwelling stock is mixed: 55% separate houses and 29% flats or apartments, suggesting a transitional profile where higher-density development has filled in around an established residential base. Population is around 5,083, the median age is 33, and the most common occupation is Professionals. 25% of residents were born overseas. At 4km from Brisbane, Newmarket typically sees more rental turnover than owner-heavy suburbs at the same price point — useful context if you're comparing applications across nearby areas.