Newstead (Qld)

Newstead lies within the top 10% of areas nationally in terms of population growth performance according to AreaSearch analysis of short and medium-term trends

The population of the Newstead (Qld) statistical area (Lv2), as estimated by AreaSearch, was around 8,926 as of November 2025. This figure represents an increase of 1,430 people since the 2021 Census, which reported a population of 7,496. The increase is inferred from AreaSearch's resident population estimate of 8,843 in June 2024, based on examination of the latest ERP data release by the ABS, along with an additional 622 validated new addresses since the Census date. The population density ratio for the Newstead (Qld) (SA2) was 12,571 persons per square kilometer as of November 2025, placing it in the top 10% nationally according to AreaSearch assessments. This high density reflects the area's land being a highly-sought resource. The population growth rate for the Newstead (Qld) (SA2) since the 2021 Census was 19.1%, exceeding both national and state averages of 9.7%.

Interstate migration contributed approximately 56.99999999999999% to overall population gains during recent periods, with other drivers such as overseas migration and natural growth also being positive factors. AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022. For areas not covered by this data and years post-2032, Queensland State Government's SA2 area projections released in 2023 based on 2021 data are used. When utilizing these state projections, AreaSearch applies proportional growth weightings aligned with ABS Greater Capital Region projections for each age cohort. Future population trends indicate a significant increase in the Newstead (Qld) (SA2), with an expected rise of 3,991 persons by 2041 based on aggregated SA2-level projections. This reflects a total increase of 43.6% over the 17-year period from 2025 to 2041.

The level of residential development activity in Newstead was found to be higher than 90% of real estate markets across the country

AreaSearch analysis of ABS building approval numbers allocated from statistical area data shows Newstead averaged approximately 185 new dwelling approvals per year over the past five financial years, totalling an estimated 928 homes. As of FY-26, 90 approvals have been recorded. Over these five years, each dwelling has attracted an average of 2.2 new residents annually, reflecting strong demand that supports property values. The average construction cost value for new homes is $811,000, indicating a focus on the premium segment with upmarket properties.

This financial year has seen $93.8 million in commercial approvals registered, suggesting high levels of local commercial activity. New development comprises 1% detached houses and 99% attached dwellings, reflecting a trend towards denser development that caters to downsizers, investors, and entry-level buyers. The location has approximately 35 people per dwelling approval, indicating an expanding market.

According to the latest AreaSearch quarterly estimate, Newstead is projected to add 3,888 residents by 2041. Development appears to be keeping pace with projected growth, although increasing competition among buyers can be expected as the population expands.

Newstead has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified a total of 39 projects likely to impact the area. Notable projects include James Place, Waterfront Newstead - Mirvac Masterplan, 801 Ann Street Twin Towers, and Aire Newstead. The following list details those most relevant.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

The exceptional employment performance in Newstead places it among Australia's strongest labour markets

Newstead has an educated workforce with professional services well-represented. Its unemployment rate is 2.0% as of September 2025, lower than Greater Brisbane's 4.0%.

Employment growth in the past year was estimated at 0.9%. Workforce participation is high at 76.6%, compared to Greater Brisbane's 64.5%. Key industries include professional & technical (with a specialization index of 230%), health care & social assistance, and finance & insurance. Education & training employs only 5.2% of local workers, below the regional level of 9.4%.

There is one worker per resident, indicating Newstead functions as an employment hub attracting external workers. Between September 2024 and September 2025, employment levels increased by 0.9%, with labour force growth also at 0.9% and unemployment remaining stable. In contrast, Greater Brisbane saw employment rise by 3.8%. State-level data to 25-Nov-25 shows Queensland's employment contracted slightly (-0.01%), with an unemployment rate of 4.2%. National employment forecasts project a 6.6% increase over five years and 13.7% over ten years, but industry-specific growth rates vary significantly. Applying these projections to Newstead's employment mix suggests local employment could grow by 7.4% in five years and 14.8% in ten years.

The economic profile demonstrates exceptional strength, placing the area among the top 10% nationally based on comprehensive AreaSearch income analysis

AreaSearch's latest postcode level ATO data for financial year ending June 2023 shows median income in Newstead is $71,538 and average income is $105,827. This contrasts with Greater Brisbane's median income of $58,236 and average income of $72,799. Based on Wage Price Index growth from June 2023 to September 2025, estimated median income in Newstead is approximately $78,627 and average income is $116,314. Census 2021 data shows incomes in Newstead rank between the 84th and 98th percentiles nationally for households, families, and individuals. Income brackets indicate 39.4% of residents earn between $1,500 and $2,999 weekly (3,516 people), with 36.9% earning above $3,000 weekly. Housing costs consume 18.1% of income, leaving disposable income at the 80th percentile. Newstead's SEIFA income ranking places it in the 10th decile.

Newstead features a more urban dwelling mix with significant apartment living, with a predominantly rental market

Newstead's dwelling structure, as per the latest Census evaluation, consisted of 0.2% houses and 99.8% other dwellings (semi-detached, apartments, 'other' dwellings). Home ownership in Newstead stood at 13.3%, with 15.3% of dwellings mortgaged and 71.5% rented. The median monthly mortgage repayment was $2,000, while the median weekly rent figure was recorded as $490. Nationally, Newstead's mortgage repayments exceeded the Australian average of $1,863, and rents were substantially higher than the national figure of $375.

Newstead features high concentrations of group households and lone person households, with a median household size of 1.7 people

Family households account for 47.7% of all households, including 6.5% that are couples with children, 36.2% that are couples without children, and 3.7% that are single parent families. Non-family households make up the remaining 52.3%, with lone person households at 40.8% and group households comprising 11.5%. The median household size is 1.7 people.

Newstead demonstrates exceptional educational outcomes, ranking among the top 5% of areas nationally based on AreaSearch's comprehensive analysis of qualification and performance metrics

Newstead's educational attainment exceeds wider standards, with 56.7% of residents aged 15+ possessing university qualifications, compared to QLD's 25.7% and Australia's 30.4%. This notable advantage places the area favourably for knowledge-based prospects. Bachelor degrees are most prevalent at 39.7%, followed by postgraduate qualifications (12.4%) and graduate diplomas (4.6%). Vocational paths account for 23.7% of qualifications among those aged 15+, with advanced diplomas at 10.8% and certificates at 12.9%.

Notably, 22.5% of the population actively engages in formal education, including 13.0% in tertiary, 1.9% in primary, and 1.6% pursuing secondary education.

Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

The analysis of public transport in Newstead shows nine active transport stops currently operating. These stops are used by a mix of bus routes, totaling seven individual services. Together, these routes facilitate 1,683 weekly passenger trips.

The accessibility of transport is rated as excellent, with residents being located an average of 179 meters from the nearest transport stop. On average, there are 240 trips per day across all routes, which equates to approximately 187 weekly trips per individual stop.

Newstead's residents boast exceedingly positive health performance metrics with younger cohorts in particular seeing very low prevalence of common health conditions

Newstead's health outcomes data shows notable results, with younger cohorts experiencing very low prevalence of common health conditions. Approximately 69% of Newstead's total population of 6,170 have private health cover, significantly higher than the national average of 55.7%.

Mental health issues and asthma are the most prevalent medical conditions in the area, affecting 9.5 and 7.2% of residents respectively. A majority, 73.6%, report having no medical ailments, compared to 0% across Greater Brisbane. As of 13.8% (1,231 people), Newstead has a higher proportion of residents aged 65 and over than the broader population. However, health outcomes among seniors require more attention than those in the broader population.

The level of cultural diversity witnessed in Newstead was found to be above average when compared nationally for a number of language and cultural background related metrics

Newstead's cultural diversity was evident, with 18.2% speaking a language other than English at home and 35.0% born overseas. Christianity was the predominant religion, making up 38.5%. Notably, Judaism comprised 0.4%, significantly higher than the regional average of None%.

In terms of ancestry, the top groups were English (28.2%), Australian (17.5%), and Irish (10.4%). Spanish (0.9%) and French (0.9%) were overrepresented compared to the region's None% each, as was Russian at 0.6%.

Newstead's young demographic places it in the bottom 15% of areas nationwide

Newstead has a median age of 34, which is slightly lower than Greater Brisbane's figure of 36 and significantly below Australia's national average of 38 years. Compared to Greater Brisbane, Newstead has a higher proportion of residents aged 25-34 (36.7%) but fewer residents aged 5-14 (1.9%). This concentration of 25-34 year-olds is notably higher than the national figure of 14.5%. Between the 2021 Census and the present, Newstead's residents have aged by an average of 1.3 years, with the median age increasing from 33 to 34. Specifically, the proportion of residents aged 75-84 has risen from 4.4% to 5.7%. Conversely, the percentage of residents aged 15-24 has decreased from 11.4% to 9.0%, and the proportion of those aged 25-34 has fallen from 39.1% to 36.7%. By 2041, demographic projections indicate that Newstead's age profile will change significantly, with the 45-54 age cohort expected to grow substantially by 601 people (an increase of 69%) from 865 to 1,467 residents.