Side by sideSuburb comparison

New Farm vs Kangaroo Point.

Comparing two suburbs with median house prices of $2,908,400 and $1,650,000. Kangaroo Point edges out on more headline metrics in this comparison.

Kangaroo Point (median $1,650,000) is roughly 76% cheaper to buy into than New Farm ($2,908,400).

On school quality, the average ICSEA across schools serving Kangaroo Point (1112) sits above New Farm (1098).

The takeWhich suburb suits which buyer

For buyers

Kangaroo Point is the lower entry point at $1,650,000 median, 76% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Kangaroo Point offers the higher gross rental yield (2.24% vs 1.48%), favouring cash-flow investors.

For families

Kangaroo Point edges out on average school ICSEA (1112 vs 1098).

Common questionsNew Farm vs Kangaroo Point

Common questions

Is New Farm or Kangaroo Point cheaper to buy in?

Kangaroo Point has the lower median house price at $1,650,000, roughly 76% below New Farm ($2,908,400). The gap on units is usually similar but worth checking on the full suburb profiles.

Does New Farm or Kangaroo Point have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Kangaroo Point scores 1112 vs 1098 in New Farm. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which suburb has higher rental yield, New Farm or Kangaroo Point?

Gross rental yield on houses is 2.24% in Kangaroo Point vs 1.48% in New Farm. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.

The numbers behind the take

New Farm
Metric
Kangaroo Point

Price & Market

$2,908,400
Median house
$1,650,000
$820,000
Median unit
$680,000
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$830/wk
Rent (house / wk)
$710/wk
$740/wk
Rent (unit / wk)
$800/wk
44.0%
Owner occupied
53.0%
Renter occupied

Lifestyle & Demographics

100
Walk score
100
0
Transit score
100
100
Bike score
100
12,197
Population
15,882
39
Median age
35

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1098
Avg ICSEA
1112

Climate

1068 mm
Annual rainfall
1068 mm
30.4°C
Mean max (Jan)
30.4°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).