Home loans · New Farm 4005
Home loans in New Farm.
Owner-occupier, investor, refinance, construction — every flavour the area asks for.
Reviewed · Adam King — 30 years in finance, Sunshine Coast
Median price band
$1.4M – $2.3M
Median rent
$850/wk
Postcode
4005
Region
brisbane
Current market signals
New Farm property market — at a glance.
Median sale price
$2.2M
12-month change
-4.4%
Days on market
38
Rental yield
2.6%
Vacancy
1.0%
Indicative figures, sourced from public real estate market data (as of 2026-06). Local conditions move quickly — confirm against your buyer’s advocate or recent sales evidence before relying on the numbers.
What we see in New Farm
Premium inner-Brisbane peninsula. Worker's cottages and apartment conversions; commercial activity concentrated along Brunswick St.
Lender shortlist for New Farm
On our 60+ lender panel, New Farm files are almost always about structure and valuation rather than approval — incomes are high and LVRs low. The majors lead on bridging and large-loan pricing for the freestanding character market; second-tier and specialist lenders earn their place on self-employed and trust-structured files, and on premium apartments where a major applies tower-exposure limits. Commentary is indicative and subject to lender policy at the time of submission.
Who actually borrows here
Typical New Farm borrower profiles.
Established inner-city upgrader
A high-income professional household moving up into a renovated character home or a premium peninsula apartment, usually funded by the sale of a smaller inner-Brisbane property. Serviceability rarely binds at these incomes; the work is in structure. We commonly run a bridging facility through a major bank to release the existing home without a sale-subject contract, then settle to a 60-70% LVR P&I split once the prior sale lands.
Interstate relocator from Sydney or Melbourne
A southern executive household relocating with strong equity, targeting a freestanding home or large apartment. The majors are cleanest on cash-out-into-purchase timing when the interstate sale settles after the Queensland contract date, and we will often kick off interest-only or a short bridge to give breathing room. Indicative LVR sits at 50-65% with offset cash held back.
Self-employed character-home buyer
A business owner or professional-practice principal buying a Queenslander on a tight block. These files lean on add-backs and one or two-year financials; a major bank will accept an accountant declaration on a clean trading history, with a specialist non-bank behind for files carrying recent restructure or ATO timing noise. Renovation lending is common here, so we structure progress-draw facilities where a cost-plus build follows settlement.
Worked example
A realistic New Farm scenario.
A dual-income upgrader household, one PAYG and one self-employed, buying a renovated Queenslander on the peninsula. Indicative purchase price $2,200,000 with a 30% deposit largely from a prior inner-city sale, owner-occupier. Figures are illustrative only and subject to confirmation of income, valuation, and lender policy at the time of submission.
Purchase price
$2.2M
Deposit
$660K
Loan amount
$1.5M
Monthly repayment
$9,332
Illustrative only — at an assumed rate, for example only. Not an advertised rate.
Indicative stamp duty
$107,025
Indicative LMI
$0
Lender shortlist: Best of panel: a major bank for bridging plus a second-tier lender on price
At 70% LVR on a $2.2M renovated Queenslander, no LMI applies and the dual-income servicing is never in doubt, so the file turns on a mixed PAYG-and-self-employed income mix and bridging the prior inner-city sale. The self-employed half is the gating detail here: a major bank that accepts an accountant declaration on a clean trading history lets us avoid full financials, and its bridging facility releases the existing peninsula property without a sale-subject contract. Indicative repayment of about $9,332 per month assumes a 6.1% variable P&I rate over 30 years; a second-tier lender that reads add-backs generously and prices a $1.54M loan sharply sits behind as the fallback once the prior sale settles to a 60-70% split. New Farm character stock values reliably, so approval rests on income evidence and sale timing rather than the security. Stamp duty is shown at the QLD owner-occupier rate; LMI is nil at this LVR.
Indicative only. General information — not personal credit advice. The repayment above is illustrative — derived from an assumed, example-only rate (stated in the notes above), not an advertised rate, a comparison rate, or a quote. Final pricing, lender appetite and serviceability are confirmed in writing on the file.
Who lives here
New Farm household profile.
Median age
38
Median income
$138K
Owner-occupied
52%
Family households
47%
Indicative figures based on public census-style data. Not a substitute for current ABS releases.
Living in New Farm
- Schools: New Farm State School, Holy Spirit Primary School, Fortitude Valley State Secondary College catchment
- Transport: Brunswick Street ferry terminal and the New Farm Park City Cat link the peninsula into the river network; frequent buses run the Brunswick Street and Merthyr Road corridors, and the Valley rail station is a short ride west.
- Shopping: Merthyr Village and the Brunswick Street strip cover daily needs, while James Street and the Gasworks at Newstead handle the premium grocery, boutique and dining trade; the Powerhouse markets run on the riverfront.
- Recreation: New Farm Park's jacaranda lawns and rotunda, the Brisbane Powerhouse arts precinct, and the riverwalk through to Howard Smith Wharves are the headline assets; the peninsula's tree-lined streets are walkable end to end.
Take this to a broker
Get a number for your New Farm purchase →
Indicative numbers are a starting point. A broker will model the panel against your specific New Farm purchase and come back inside 4 business hours.
Common questions about home loans in New Farm
What does it cost to use a broker for a New Farm purchase?
Nothing. The lender pays us a commission on settlement. We disclose every cent on the Credit Quote you sign before lodgement.
Which lenders work best in New Farm?
We compare lenders for New Farm based on the property type, deposit, income mix, and valuation risk, then shortlist the options most likely to fit your purchase or refinance.
How long does it usually take from offer to keys in New Farm?
Most files settle 3–6 weeks from first call to keys. Faster for clean dual-income PAYG (≈3 weeks), longer for self-employed or interstate moves.
Nearby
General information only. Suburb-level figures, lender appetites and example structures are indicative — they do not consider your personal circumstances. Final pricing and policy are confirmed by the lender on the file.
Indicative only. The worked example uses an illustrative, example-only rate — it is not an advertised rate, a comparison rate, or a quote. Your rate, fees and eligibility depend on the lender’s full assessment of your file, and the Credit Quote we provide before lodgement sets out the rate, fees and commission for your specific application.