New Farm Riverfront Properties: Prices Rise 8% in 2026

New Farm riverfront listings recorded a median sale price of $2.35 million in the June quarter of 2026, up 8 per cent from the same period last year.

The rise comes as investors shift focus toward established inner-suburb waterfront blocks after recent global supply chain disruptions raised costs for new coastal developments elsewhere. Local agents report stronger interest from buyers who want direct river access without waiting for distant greenfield projects to complete.

Key Local Anchors

Properties near New Farm Park and the Brisbane Powerhouse on Oxlade Drive have driven much of the recent activity. A three-bedroom home on Moray Street sold in late June for $2.8 million after three weeks on market, while a unit block fronting the river near the former gasworks site changed hands at $4.1 million in May.

These sales sit within a precinct that includes the New Farm State School and the weekly farmers market held at the Powerhouse, both of which continue to draw families and professionals who value proximity to the water.

Recent Sales Evidence

CoreLogic data released this week showed New Farm waterfront median prices reached $2.35 million in June, compared with $2.18 million twelve months earlier. Auction clearance rates for riverfront lots averaged 72 per cent over the past three months, above the broader Brisbane inner-east average.

Buyers have paid premiums of 12 to 15 per cent for blocks with direct river moorings, according to records lodged with the Queensland Titles Registry in the first half of 2026.

Prospective purchasers should review recent comparable sales on streets such as Brunswick Street East and check current flood mapping before making offers, as river levels can affect insurance costs and resale timelines.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.