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New Farm, Australia
Full City Profile
3.4
/5.0
B
Good
12,256
Population
3/sq mi density
13 ft
Elevation
4 meters
68°F
Avg Temperature
20°C
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$41,439 median income, 4.2% unemployment
B+
Affordability
3.6 / 5.0
$228,200 home value, $1,141/mo rent
Housing Overview
Median Home Value
$228,200
19% below
US avg: $281,900
Median Rent
$1,141/mo
2% below
US avg: $1,163/mo
Homeownership Rate
45.2%
31% below US avg (65.4%)
Total Housing Units
4,902
Ownership vs. Renting
45.2%
Owner-Occupied
54.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Complete Housing Data
Home Values
| Census Median Value | $228,200 |
Rent
| Census Median Rent | $1,141 |
Market
Ownership & Stock
| Owner-Occupied | 45.2% |
| Renter-Occupied | 54.8% |
| Homeownership Rate | 45.2% |
| Total Housing Units | 4,902 |