Mortgage broker New Farm
Buying, refinancing or investing in New Farm? XLOANS helps inner Brisbane buyers across 4005 — character Queenslanders, Brunswick Street apartments and riverside lending where flood mapping and character overlays matter. 40+ lenders, free to you.
Getting a home loan in New Farm
New Farm's character homes sit under demolition control and character overlays, which constrains what you can alter — and what a construction lender will fund. Flood mapping is the other local factor: lenders and insurers both price it, and a property's flood overlay can affect valuation and insurance cost.
We check the overlay, the flood map and the building's lender appetite before you sign — so there are no surprises between contract and settlement.
What's different about lending in New Farm
- Character and demolition control overlays limit renovation scope and affect construction lending.
- Riverside flood mapping influences valuations and insurance premiums — lenders factor both into serviceability.
- Brunswick Street corridor apartments can hit building concentration limits at some lenders.
- Character housing is tightly held — fully assessed pre-approval before you bid.
Upfront costs in New Farm
Queensland transfer duty is the biggest cost beyond your deposit, and concessions depend on whether you're buying new or established. Flood-zone insurance premiums are worth pricing before you exchange, not after.
Add conveyancing, building and pest — essential on character timber homes — and budget beyond deposit and duty.
Working with a broker remotely
Home loans are handled digitally end to end. We work with New Farm clients by phone and video with the same lender panel and pricing as a branch.
Our service is free to you — we're paid by the lender that funds the loan, disclosed in writing before you apply.
The New Farm property market
New Farm is inner Brisbane's premium riverside suburb — Queenslanders and character homes on tightly held streets, alongside a deep apartment market along Brunswick Street and the river. Character protection overlays cover much of the housing stock, which constrains what can be altered and, for buyers planning to renovate, what a lender will fund. Flood mapping is the other local factor: lenders and insurers both price it, and a property's flood overlay can affect both valuation and insurance cost.
New Farm property prices & market data
Indicative median prices, rents and growth for New Farm (4005) over the 12 months to mid-2025. Figures are a guide only and move with the market.
| Property type | Median price | 12-mth growth | Median rent | Gross yield |
|---|---|---|---|---|
| Houses | $2,250,000 | 6.5% | $1,150/wk | 2.7% |
| Units / apartments | $720,000 | 7.2% | $680/wk | 4.9% |
Example purchase costs in New Farm
Worked examples for a first home buyer, an upgrader and an investor — based on an indicative 6.00% p.a. variable rate over 30 years, principal & interest. Your real numbers depend on your situation and lender.
$720,000
Unit/apartment in New Farm · 5% deposit
- Deposit (5%)
- $36,000
- Loan amount
- $684,000 (95% LVR)
- Stamp duty (QLD), after FHB concession
- $5,085
- Lenders Mortgage Insurance
- $0 (5% scheme)
- Cash needed upfront
- $44,085
- Est. repayment
- $4,101/mo
Median New Farm apartment with a 5% deposit under the First Home Guarantee.
$2,250,000
House in New Farm · 20% deposit
- Deposit (20%)
- $450,000
- Loan amount
- $1,800,000 (80% LVR)
- Stamp duty (QLD)
- $109,900
- Lenders Mortgage Insurance
- $0
- Cash needed upfront
- $562,900
- Est. repayment
- $10,792/mo
Median riverside Queenslander with a 20% deposit.
$720,000
Unit/apartment in New Farm · 20% deposit
- Deposit (20%)
- $144,000
- Loan amount
- $576,000 (80% LVR)
- Stamp duty (QLD)
- $25,425
- Lenders Mortgage Insurance
- $0
- Cash needed upfront
- $172,425
- Est. repayment
- $3,453/mo
Inner-Brisbane apartment yields have been rising with rents.
Estimates only and not financial advice. Stamp duty uses indicative QLD rates and first home buyer concessions; the 5% deposit scheme (First Home Guarantee) waives LMI where the price is within the cap and you qualify. Verify your exact costs with a XLOANS broker or our purchase cost calculator.
Find us & the area we serve
XLOANS works with buyers, refinancers and investors right across this area and greater Melbourne.
Book a free 15-minute chat
Pick a time that suits you and an XLOANS broker will call to talk through your home loan options — no cost, no obligation.
Mortgage brokers in nearby suburbs
We work across the whole metro area — here are the neighbouring suburb guides.
Keep reading
Frequently asked questions
This page is general information only and not financial advice. Lending criteria, rates and government schemes change — speak to an XLOANS broker for advice tailored to your situation. XLOANS is a Melbourne-based mortgage broking service.
Buying or refinancing in New Farm?
Book a free 15-minute chat with an XLOANS broker — we'll tell you what you can borrow and what it will actually cost.