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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:

Common questions about New Beith

  • Is New Beith a nice place to live?

    New Beith is a delightful suburb that offers a tranquil and family-friendly environment, making it an appealing choice for those seeking a peaceful lifestyle away from the urban hustle. With its spacious properties and semi-rural charm, New Beith provides a serene retreat that is perfect for families looking for more space and privacy. The suburb's proximity to natural attractions like the Flinders Peak Conservation Park offers residents ample opportunities for outdoor activities, fostering a strong sense of community among nature enthusiasts.

    While New Beith is a fantastic place for families, it does come with a few trade-offs. The suburb lacks major commercial developments, which means residents may need to travel to nearby areas like Greenbank for essential amenities. Additionally, as the population grows, there are concerns about increased traffic and the need for improved public transport options. Despite these challenges, the suburb's rural residential character and relatively affordable land prices compared to inner Brisbane suburbs make it an attractive option for those seeking a quieter lifestyle.

    For families, New Beith offers a supportive and community-oriented atmosphere. The suburb's spacious residential blocks provide ample room for children to play and grow, while the strong focus on family life is evident in the local amenities and recreational facilities. Safety is generally not a major concern, and the suburb's peaceful vibe makes it an ideal place for families to settle and thrive. Overall, New Beith is a charming suburb that balances rural charm with modern conveniences, making it a lovely place to call home.

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  • Is it expensive to live in New Beith?

    Living in New Beith can be considered expensive, especially when compared to other areas in Queensland. The median house price in New Beith is currently $1,200,000, which is quite high, particularly given that there are no units available to offer a more affordable option. For those looking to rent, the average weekly rent for houses is $925, which can take a significant chunk out of the household budget.

    When we look at the average weekly household income in New Beith, which is $2,779, it is relatively high compared to the Queensland average. This suggests that the residents of New Beith generally have a higher earning capacity. However, even with a higher income, the cost of housing in New Beith can still be a substantial financial commitment. If you are thinking of living in New Beith, it's important to weigh these costs against the benefits of residing in this suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is New Beith a good place to invest?

    New Beith is showing promising signs as a potential investment hotspot, especially for those interested in houses. Over the past year, the suburb has experienced a significant 12.1% increase in median house values, indicating strong demand and a healthy market. This growth suggests that New Beith is becoming increasingly attractive to buyers, which could lead to continued appreciation in property values.

    In addition to the rise in house values, rental returns for houses have also seen a healthy increase of 6.3% over the last 12 months. This makes New Beith an appealing option for investors seeking reliable rental income. The steady growth in rental prices reflects a strong rental market, which is a positive sign for those looking to invest in properties that can generate consistent returns.

    While the unit market in New Beith hasn't shown the same level of growth, the suburb's overall performance in the housing sector makes it a compelling choice for investors. With its combination of rising house values and increasing rental yields, New Beith presents a solid opportunity for those looking to invest in a suburb with strong growth potential and a stable rental market.

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