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Suburb Insights ยท QLD 4006

Newstead 4006, Queensland

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Newstead is an inner-city suburb of Brisbane, Australia, with a population of approximately 7,496, making it a smaller community. Located 3 km from the Brisbane CBD, Newstead is a inner city area in Queensland. The median household income is $120,900 AUD per year (ABS 2021 Census).

Investment Score

88 / 100 Strong

Newstead benefits from a high-income resident base, supporting premium property pricing. Close CBD access strengthens tenant appeal and resale value.

Location

Map shows Newstead, Queensland, Australia.

Key Indicators

Postcode
4006

Official Australia Post postcode for Newstead. A postcode may cover multiple suburbs.

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Population
7,496

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$490/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$120,900/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
3 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
2

Estimated 2 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
3

Estimated 3 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,000/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
0% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As an inner-city location, Newstead benefits from proximity to employment, dining, and cultural precincts. Investment properties here typically attract young professionals and downsizers seeking walkable lifestyles. The median rent of $490/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,000/month. A median household income of $120,900/year supports premium property values and indicates a well-employed resident base. With only 0% separate houses, Newstead has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

With robust local demand and income levels, Newstead is a natural candidate for patient investors.

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Rental Yield

Rental returns in Newstead are attractive relative to purchase prices, supporting positive cash flow.

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Renovation / Flip

Some renovation potential exists in Newstead, though margins may be tighter due to higher base prices or competition.

Risk Factors

Run the numbers on a Newstead property

Full Property Analysis

30-year projections for Newstead

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Strong Rental Demand: Strong Investor Sentiment: Strong

Newstead is well-positioned for continued price appreciation through 2026, underpinned by high household incomes and location appeal. Tenant competition in Newstead continues to intensify, supporting landlords and rent stability. Confidence in Newstead's medium-term prospects is reflected in sustained buyer interest.

Frequently Asked Questions

Is Newstead a good suburb for investment?

Newstead is a inner city area in Queensland with a population of 7,496. The median rent is $490/week and the median household income is $120,900/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Newstead?

Key demand drivers in Newstead include employment proximity and urban lifestyle. 0% of dwellings are separate houses. The area has approximately 2 schools and 3 parks nearby.

What is the population of Newstead?

According to the ABS 2021 Census, Newstead has a population of approximately 7,496. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Newstead from the Brisbane CBD?

Newstead is approximately 3 km straight-line distance from the Brisbane CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

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