Your local guide to New Farm

New Farm is a vibrant inner-city suburb with genuine character, located minutes from the Brisbane CBD and Fortitude Valley. Known for its tree-lined streets, heritage charm, and thriving cultural scene, New Farm appeals to a diverse mix of young professionals, families, creatives, and investors alike.

The suburb centres around James Street, where independent cafes, boutique restaurants, galleries, and vintage shops create a distinctive village atmosphere. It’s the social heart of New Farm – a place where locals gather, and the energy feels distinctly different from the corporate sprawl of the Valley next door.

There’s real neighbourhood character here, backed by everything you need: medical facilities, green spaces, and an active community vibe. New Farm Parklands offers riverside walks, picnic spots, and water access, while local sporting clubs and creative hubs round out the lifestyle appeal.

Walking is genuinely part of the New Farm experience. Most amenities are within a 10-15 minute stroll, and the tree-lined streets make it a pleasure to get around on foot. It’s also well-connected by public transport – the ferry terminal puts the CBD and South Bank within easy reach, while the M1 provides quick access for those heading further afield.

The housing mix is diverse: character federation homes and Queenslanders sit alongside quality apartment and townhouse developments, giving buyers real choice. Many older homes are being thoughtfully renovated, preserving the suburb’s architectural heritage while bringing interiors up to modern standards. This renovation momentum, combined with growing investor interest, has seen New Farm strengthen as both a lifestyle destination and a solid long-term investment.

What’s New Farm like to live in?

The suburb is bounded to the west and south by the Brisbane River, and to the east by Fortitude Valley and Newstead. Adjacent suburbs include:

  • North — Fortitude Valley and Newstead
  • East — Teneriffe
  • South (along the river) — Kangaroo Point and South Brisbane

New Farm is home to around 12,000 residents who enjoy one of Brisbane’s most walkable and characterful inner-city lifestyles, just 2km from the CBD. The suburb offers a diverse mix of pre-war apartments, converted warehouses, heritage Queenslanders, and modern boutique developments — many within easy reach of the river, parkland, or both.

The suburb is well regarded as a lifestyle destination for young professionals, families, creatives, and downsizers who value walkability, culture, and community in equal measure. Quality schools, medical facilities, sporting clubs, and green spaces all sit within easy reach.

Two City Cat ferry terminals connect New Farm directly to the CBD, South Bank, and beyond, while frequent bus services run along Brunswick Street and Merthyr Road. The M1 motorway provides quick access for those heading further afield.

New Farm continues to attract strong demand from owner-occupiers and investors alike, driven by its limited land supply, enduring lifestyle appeal, and position as one of Brisbane’s most tightly held inner-city suburbs.

Shopping in New Farm

New Farm shopping precincts include:

  • James Street Precinct – New Farm’s premier lifestyle strip, home to high-end fashion, homewares, beauty, and some of Brisbane’s best dining and café culture
  • Brunswick Street Mall – a relaxed, eclectic mix of independent retailers, vintage stores, bookshops, and casual eateries with a bohemian feel
  • Merthyr Village – a small neighbourhood shopping centre on Merthyr Road with everyday essentials including a supermarket, pharmacy, and local services
  • New Farm Deli – a scattering of specialty food shops, delis, and artisan grocers that reflect the suburb’s foodie culture

Suburbs neighbouring New Farm that also have their own shopping precincts include Teneriffe, Newstead, and Fortitude Valley.

Getting around New Farm

In terms of public transport, New Farm is well serviced by both bus and ferry, making it one of Brisbane’s best-connected inner-city suburbs.

TransLink bus routes run frequently along Brunswick Street and Merthyr Road, linking New Farm with the CBD, Fortitude Valley, and surrounding suburbs.

Two City Cat ferry terminals – New Farm Park and Merthyr Road – provide a scenic and reliable river connection to South Bank, the CBD, North Quay, and beyond. You can visit the TransLink website for up-to-date service routes and timetables.

For those travelling further afield, Brisbane Airport is approximately 20 minutes by car via the Airport Link tunnel, making interstate travel straightforward for residents.

New Farm is also well set up for cyclists and walkers, with the Riverwalk connecting the suburb to the CBD along the Brisbane River – one of the city’s most popular commuter and leisure routes. New Farm Parklands offer additional walking and cycling paths along the riverfront, while the flat, tree-lined streets make everyday trips on foot genuinely easy.

Approximate distances to nearby locations:

New Farm
to Brisbane CBD

2.5 km (7 minute drive)

New Farm
to Brisbane Airport

18km (20 minute drive)

New Farm
to Sunshine Coast Airport

103km (115 minute drive)

New Farm climate

As with the rest of Brisbane, New Farm enjoys a subtropical climate with warm weather for much of the year. It has an average annual temperature of around 25 degrees Celsius (77 degrees Fahrenheit). Summers are warm and humid, with temperatures regularly reaching the mid 30s, while winters are mild and sunny – daytime temperatures typically sit between 20 and 22 degrees, with cool evenings that can drop to around 10 degrees overnight.

Rainfall is highest in summer, with the occasional afternoon storm, but fine weather quickly follows. With this sort of climate and a riverside park on the doorstep, it’s easy to see why New Farm is such a popular place to live year-round.

New Farm property market

New Farm’s combination of inner-city lifestyle, limited land supply, and enduring character appeal has kept it among Brisbane’s most tightly held and consistently sought-after suburbs. Strong demand from both owner-occupiers and investors, alongside a diverse housing stock that ranges from entry-level units to prestige riverfront homes, means the market caters to a wide range of buyers while continuing to deliver solid long-term growth.

Is New Farm a good area to buy an investment property?

Properties closer to the river and New Farm Parklands naturally attract a higher price point than those further back from the waterfront. You also need to be careful to avoid properties in flood-affected streets – parts of New Farm were impacted all three floods – 1974, 2011 and 2022 or on busy roads where noise and liveability can be a factor.

Here are some statistics on the median New Farm house and unit price, rental yield, and long-term average annual growth (source: Cotality, March 2026).

median price
$
days on market
yield
%
median weekly rent
$
12 month growth
%
average annual growth
%

Schools and education in
New Farm

New Farm offers a variety of public and private schools in proximity, these include: 

Spring Hill nearby private schools:

Photo: Jan Powers Farmers Markets

Community and activities in New Farm

New Farm is:

  • Home to around 12,197 residents
  • Median age is 37, reflecting a predominantly professional demographic with a high proportion of childless couples and young professionals who call the suburb home
  • Couple and single-person households make up the majority of household types, consistent with the suburb’s inner-city, high-density character
  • In terms of housing, around 44% of properties are owner-occupied, with the remainder rented – reflecting strong ongoing demand from tenants in one of Brisbane’s most walkable suburbs.

Popular activities around New Farm include riverside walks and cycling along the Riverwalk, weekend visits to New Farm Parklands, browsing the Jan Powers Farmers Market, and soaking up the café and dining culture along James Street and Brunswick Street. The Powerhouse arts and events venue is also a local favourite, drawing residents together for markets, performances, and community events year-round.

Want to buy a home or investment property in
Coolum?

Whether you’re buying an apartment or a house in the area, working with local buyers agents gives you the insight you need to buy with confidence. If you want the inside scoop on life in Coolum – or help finding the right property – get in touch.