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4005 · QLD

New Farm

Data updated Q4 2025 · 312 bond lodgements/qtr

HouseUnit
Median rent$900/wk$560/wk
1yr change 11.1%(was $810/wk) 11.1%(was $504/wk)
3yr change 38.5%(was $650/wk) 43.6%(was $390/wk)
Vacancy rate0.9%very tight
Bond lodgements312 per quarter

Vacancy rate context

A healthy rental market sits around 3% vacancy. At 0.9%, New Farm is in a severe rental shortage. Landlords have very high negotiating power, and tenants face intense competition for available properties.

Other suburbs in QLD

West End$820/wk 11.1%
Fortitude Valley$780/wk 11.1%
Paddington$870/wk 11.1%
Woolloongabba$750/wk 11.1%
Ascot$1100/wk 11.1%
Chermside$650/wk 11.1%

Median rents are calculated from rental bond lodgements submitted to state government authorities (NSW Fair Trading, RTBA VIC, RTA QLD, CBS SA, DMIRS WA). Data is updated quarterly and represents the median weekly rent for new tenancies.

$/wk
Median rent in New Farm (2-bed unit): $476/wkQ4 2025 · 312 bonds