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Suburb Insights · QLD 4006

Newstead, QLD 4006 Property Profile

ABS 2021 Census · Updated 21 May 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 per year.

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

Brisbane
Newstead
Queensland · 4006
3 km from Brisbane CBD
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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 the most recent census.

Median weekly rent
$490/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$120,900/yr

Annual median household income (before tax) across all households.

Distance to CBD
3 km

Straight-line distance from the suburb centroid 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.

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Parks & green spaces
3

Estimated 3 parks and green spaces near this suburb.

Median monthly mortgage
$2,000/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
0% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Why People Like Living in Newstead

Who Newstead Suits

👨‍👩‍👧FamiliesSchool count or dwelling mix is lighter here.
📊InvestorsRent covers a solid share of the median mortgage.
🏡First-home buyersPrices sit above the Queensland median — stretch goal.
💼ProfessionalsAround 3 km from the CBD with good access.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Local parks and reserves (around 3) add to liveability.
  • Solid transport links into employment hubs.
  • Short distance to the CBD makes commuting straightforward.

Cons

  • Median mortgage sits above the Queensland state median — entry costs are stretched.
  • Traffic can build during peak hours, especially on arterial roads.

Investment Insight

Newstead's population of 7,496 sits 37% above the Queensland suburb median of 5,474, giving it a wider tenant and buyer catchment than the average QLD locality. Median household income of $120,900/year runs 34% above the Queensland suburb median of $90,298, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. Median weekly rent of $490 equates to $2,123/month — about 106% of the median mortgage repayment of $2,000/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. At 3 km from the Brisbane CBD, Newstead sits inside the high-demand inner ring — properties here compete directly with the city's employment, transport and amenity networks. Only 0% of dwellings are separate houses (vs 77% state median), so this is a unit-heavy market where body-corporate decisions and strata supply meaningfully shape investor returns.

Investment Tip

Inner-city investors should model strata costs and rate rises carefully, since gross yields here are often compressed by higher entry prices. Local rents consume roughly 21% of household income — a useful sanity check on tenant affordability.

Newstead vs Queensland Median

How Newstead stacks up against the median of all Queensland suburbs in our dataset. Positive values mean Newstead sits above the state median; negative means below.

MetricNewsteadQLD medianΔ vs state
Population7,4965,474+37%
Median household income$120,900/yr$90,298/yr+34%
Median rent (weekly)$490$385+27%
Median mortgage (monthly)$2,000$1,733+15%
Distance to CBD3 km62 km-95%
Separate houses0%77%-77pp

Investor Checklist

Pre-inspection briefing for Newstead — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Strong buy-and-hold fundamentals: household incomes run 34% above the Queensland suburb median ($120,900 vs $90,298), and the 3 km CBD distance keeps this suburb in the primary demand zone. In Queensland, suburbs with this profile have historically clustered in the upper tercile of 10-year capital growth.

Rental Yield

Strong rental coverage: $490/week (~$2,123/month) covers 106% of the $2,000/month median mortgage repayment, so the shortfall sits at just $0/month. Investors targeting positive cash flow should shortlist this suburb.

Renovation / Flip

Only 0% of dwellings are separate houses (vs 77% QLD median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.

Risk Factors

Run the numbers on a Newstead property

Full Property Analysis

30-year projections for Newstead

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

Newstead enters 2026 with a demographic tailwind — household incomes 34% above the Queensland suburb median of $90,298 and a population of 7,496 give it the depth and purchasing power to outperform the wider QLD market over the next 12–18 months. Rental coverage runs at ~106% of the typical mortgage ($2,123/month rent vs $2,000/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 88/100 places Newstead in the top tier of Australian suburbs we profile, and overall investor sentiment is constructive heading into the second half of 2026.

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Frequently Asked Questions

Is Newstead a good suburb for investment?

Newstead scores 88/100 on our EquitySight investment framework — a strong rating. That score is driven by a population of 7,496, median household income of $120,900/year and median weekly rent of $490. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Newstead?

The main demand drivers in Newstead are proximity to Brisbane (3 km), an above-state-median household income of $120,900/year, a dwelling mix that is 0% separate houses, roughly 2 schools and 3 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Newstead?

Newstead has a usual resident population of approximately 7,496, compared with a Queensland suburb median of 5,474 — placing it in the upper half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Newstead from the Brisbane CBD?

Newstead sits 3 km straight-line from the Brisbane CBD. This is inner-ring territory — pricing competes directly with established Brisbane employment nodes.

What is the median rent in Newstead?

The most recent census recorded a median weekly rent of $490 in Newstead, equating to approximately $25,480/year in gross rental income (state median $385/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Newstead?

The median monthly mortgage repayment in Newstead is $2,000, or approximately $24,000/year (vs $1,733/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Newstead cash-flow positive for investors?

A median weekly rent of $490 works out to $2,123/month, covering 106% of the median mortgage repayment of $2,000/month. That means rent exceeds the median repayment by roughly $123/month, so on these numbers Newstead leans cash-flow-positive before accounting for strata, council rates, insurance and maintenance. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Newstead?

The main risks are interest-rate sensitivity on the $2,000 median mortgage, a unit-heavy dwelling mix (0% houses) where body-corporate costs and apartment supply affect resale, the broader Queensland market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Newstead profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

Queensland Property Resources