Newmarket is 5 kilometres northwest of the Brisbane CBD and covers 1.7 square kilometres. It’s also just a short 10-minute drive from the CBD. As one of Brisbane’s oldest suburbs, there is plenty of history, diverse housing styles, excellent transport options, and many modern amenities that combined, make Newmarket an ideal location for property investment.
If you’re interested in engaging professional property managers to look after your investment property, consider the industry-leading team at Position One Property.
History of Newmarket
Before metrification, Newmarket was located 3 miles from the CBD, hence its original name The Three Mile Scrub. Like most of the country the city now sits on, the land is the traditional home of the Turrbal and Jagera peoples. Around 1880, the Brisbane livestock market was relocated to The Three Mile Scrub, and the name ‘new market’ eventually became the name of the suburb.
Transport Options for Newmarket Residents
Newmarket is connected to the rest of the city via major thoroughfares like Enoggera Road (which runs directly into the CBD) and Newmarket Road. The suburb also has easy access to the Ferny Grove railway line and major bus routes for commutes into the CBD. These transport options ensure Newmarket residents have access to various parts of the city in short time.
This is important because Newmarket is predominantly a residential suburb with few large local employers, meaning most people have to commute to work. It also makes Newmarket an ideal place to consider purchasing a rental investment property.
For reliable property management services in Newmarket, consider Property One. Our experienced team and long history of excellence in property management in Qld make us a popular choice with owners looking for someone reliable to manage their real estate. Contact our office for more details or to talk to our friendly team.
Housing Styles In Newmarket, Qld
Buyers in the market for a classic Queenslander will find Newmarket is the place to look! There’s usually one among the featured properties for sale across Brisbane. Furthermore, around half the properties in Newmarket are free-standing houses sitting on 600 square metre blocks, which makes them an ideal family rental property acquisition!
Closer to the Newmarket train station are a lot of new unit complexes, and a correspondingly higher population density. These modern dwellings are ideal for commuters, business people, and young couples without children.
Parts of Newmarket in and around Breakfast Creek however are susceptible to flooding so we recommend checking the local City Council Flood Maps to determine where these areas are.
Amenities In Newmarket
With a range of excellent amenities either within the suburb or nearby in surrounding suburbs, Newmarket has a lot to offer property owners and residents. Good schools, shopping facilities, medical and health care, recreation, sports, and dining…
If you love to shop (even for real estate) Newmarket doesn’t disappoint! Newmarket Village Shopping Centre is now the area’s largest shopping centre with a major supermarket, banks, cafes, restaurants plus many other retail and food outlets. The southern end of the centre also incorporates a cinema complex.
The restored historic Newmarket Hotel is a popular eating and watering hole that sees plenty of activity most nights. Pepe’s Mexican Restaurant is also in Newmarket. Additionally, the cinema complex area at Newmarket Village Shopping Centre offers many diverse (and ethnic) dining options. Then there are the usual array of fast food and takeaway chains scattered around the suburb.
Healthcare Facilities and Services:
Newmarket residents have easy access to first-rate healthcare and medical facilities, particularly for sports and sports-related healthcare. There are several large medical centres and specialists based in, or close to, Newmarket. The Royal Brisbane and Women’s Hospital is close by in Herston whilst the North West Private Hospital is just to the north in Everton Park.
Parks and Outdoor Facilities:
Newmarket is one of the city’s sporting hubs with several large sporting ovals and sports complexes. Spencer Oval is the home ground of the Brisbane City Football Club and several other teams. The Victoria Park Golf Complex is also close by, as is the Brisbane Showgrounds, home of the famous Ekka (Brisbane Royal Show)!
The ecologically significant 37-hectare Banks Street Reserve is located on the western side of the suburb and is a popular destination for nature lovers. It is now maintained as a nature and recreation reserve and incorporates popular nature trails, peaceful bush walks, and an opportunity to see natural flora, fauna, and waterways in the middle of suburbia.
There are several primary schools and a kindy in Newmarket. The Brisbane Urban Environmental Education Centre, an outdoor and environmental education centre, is also here. Several of the state’s major tertiary instutions are just a short drive away.
Newmarket’s pre-school and primary school children can attend Banks Street Kindy before moving to either Newmarket State School, or the Catholic St Ambrose’s Primary School for their primary education.
Newmarket doesn’t have its own high school but falls into the catchment area of Kelvin Grove State College. Also in Kelvin Grove is the selective entry senior state high school, Queensland Academies Creative Industries. The school offers the International Baccalaureate Diploma Programme.
Pick of the Suburbs For Real Estate Sales And Property Investment:
Along with its surrounding suburbs – Alderley, Grange, Wilston, Ashgrove, Red Hill, and Kelvin Grove – Newmarket offers a perfect blend of modern convenience and historical significance for both residents and property investors.
There are many opportunities for property investment, and options for property investors. It is close to the CBD (10 minutes by road, 15 by rail), has excellent transport links to other parts of the city, diverse housing styles and options, and plenty of amenities. These attributes all help make Newmarket a top pick for property owners and potential buyers who want a great deal in a great location.
Property Management Services and Real Estate Agent
If you’ve decided that owning property in Newmarket is right for your investment portfolio, you’ll need a trusted real estate agency and property management company.
Position One Property has many years of experience in buying, selling, and managing properties in Newmarket and across the City generally. Our friendly team of experts have plenty of knowledge about the sale process, and offer commitment, reliability, and an honest informed service to clients.
The Position One team will assist and support you to navigate through the sales process of buying, or selling, your Newmarket property. We will help you deal with sellers, or buyers, to ensure you receive the best price for your property. We’ll even help you get your property ‘house ready’!
Position One Property Management – Your Professional Property Managers
Our extensive knowledge of Newmarket and its surrounding suburbs positions us as the Number One choice for property owners who want reliable property management Newmarket. Contact our office to buy, sell, or lease your Newmarket property. Our primary focus is always on providing our customers with quality, reliable, and specialised real estate and property management services.