New Beith suburb profile
New Beith is a serene and rapidly growing suburb located in the Logan City area of Queensland, approximately 40km south of Brisbane's CBD. Known for its spacious properties and semi-rural lifestyle, New Beith offers a peaceful retreat from the hustle and bustle of city life. The suburb is characterized by its large residential blocks, making it ideal for families seeking more space and privacy. With its proximity to natural attractions such as the Flinders Peak Conservation Park, residents enjoy outdoor activities and a strong sense of community. As development continues, New Beith is becoming increasingly popular among those looking for a balance between rural charm and modern conveniences.
New Beith property market performance
New Beith's property market has shown robust growth over the past 12 months, with house values increasing by 12.1%. The current median house price stands at $1.2 million, reflecting strong demand in the area. Notably, there is no unit market activity, as indicated by a median unit price of $0 and no units sold.
Sales activity for houses has been moderate, with 15 houses sold over the past 12 months. Houses are selling relatively quickly, with a median of 24 days on the market, suggesting a competitive market environment.
The rental market for houses in New Beith has also seen positive movement, with average rents increasing by 6.3% over the last 12 months, reaching $925. This indicates a healthy demand for rental properties in the suburb.
Median price - houses$1.25MPast 3 months
Median price - units$0Past 3 months
Change in value - houses12.6%12 months
Change in value - unitsN/A12 months
Houses sold15Past 3 months
Units soldN/APast 3 months
Median DOM - houses24Past 12 months
Median DOM - unitsN/APast 12 months
Average rent - housesN/APast 12 months
Average rent - unitsN/APast 12 months
Change in rent - houses7.0%Past 12 months
Change in rent - unitsN/APast 12 months
New Beith demographics
New Beith, located in Queensland, is a suburb that offers a serene and family-friendly environment, making it an attractive choice for those seeking a peaceful lifestyle away from the hustle and bustle of city life. With a population of 5,642 and a median age of 35, New Beith is home to a predominantly young and vibrant community. The suburb's high median total household income of $2,779 per week reflects the affluence and stability of its residents, many of whom are professionals and families.
The suburb is characterized by a strong family presence, with 64.1% of households being couple families with children, and 29.9% being couple families without children. This family-oriented atmosphere is further supported by the low percentage of one-parent families, which stands at just 5.8%. The community's focus on family life is evident in the suburb's amenities and recreational facilities, which cater to the needs of families and children.
Property ownership in New Beith is predominantly mortgage-based, with 77.3% of homes owned with a mortgage, indicating a community of homeowners investing in their future. Only 4.3% of properties are rented, highlighting the suburb's appeal to those seeking long-term residence and stability. The combination of spacious properties, a strong sense of community, and proximity to natural attractions makes New Beith an ideal location for families looking to settle in a tranquil and supportive environment.
New Beith infrastructure, key developments and investment opportunities
New Beith is experiencing steady growth and development that may impact its property market. The suburb's population has increased significantly, rising from 3,446 in 2011 to 5,642 in 2021, indicating growing demand for housing in the area. New Beith's rural residential character, with properties typically on half-acre or larger lots, continues to attract families and retirees seeking a quieter lifestyle within reach of Brisbane.
While New Beith lacks major commercial developments, its proximity to nearby suburbs like Greenbank provides access to essential amenities. The area's natural environment, including Teviot Downs Park, adds to its appeal for families and nature enthusiasts. However, residents have noted concerns about increased traffic and the need for improved public transport options as the population grows. These factors, combined with New Beith's relatively affordable land prices compared to inner Brisbane suburbs, suggest potential for continued property value growth in the coming years.
New Beith rental market trends
The rental market in New Beith has experienced moderate growth, with house rents increasing by 6.3% over the past year to $925 per week. There is no data available for unit rents, indicating a potential focus on house rentals in the area. New Beith offers a suburban lifestyle with opportunities for families and investors seeking growth in a developing region.
Suburbs near New Beith
Some popular suburbs near New Beith include: