Solar Power Profile - New Farm, QLD 4005
More than 808 homes in postcode 4005 have solar panels installed, which includes the towns of New Farm and Teneriffe.
In terms of solar power, collectively that's a whopping 6,109 kW of solar panels installed that are generating on average 26,916 kWh per day, or 9,824 MWh per year. This means the average solar-powered home in this area is saving $2,107.875 per year, which combined saves this community approximately $1,719,259.5 per year.
New Farm and 4005 are also doing their bit for the planet too because this amount of solar power has reduced the yearly carbon footprint for the area by 7,171.52 tonnes. To put this into perspective, that's the equivalent amount of yearly carbon dioxide captured and sequestered by 324,114 trees, or it's equivalent to 59,762,667 km worth of car emissions.
Solar Ranking
Postcode 4005
222nd
State Wide
1009th
Australia Wide
Solar Power in New Farm
* Data from The Bureau of Meteorology (BOM). Closest weather station to New Farm: Brisbane - approx. 1.7 km
Featured Solar Installers Servicing New Farm
Community Solar Statistics - New Farm, 4005
New Farm Demographics
New Farm and the postcode of 4005 has a total population of 16040 people, with a median age of 38 years. There are 9593 households in New Farm, with an average of 0.9 people per bedroom. The average number of people per household is 1.9 with a median income of 2258 per week per household.
About 39% of homes in the area are homeowners who either own their home outright or have a mortgage. The median mortage repayment in New Farm is $2179/month. By installing solar power in New Farm, the average household could save 8.06% of their monthly mortage, resulting in approximately a $69275 saving over the lifetime of their loan, assuming they put the electricity savings toward their home loan, a $500,000 loan, with a 4% interest rate over 30 years. Electricy cost savings from an average solar system is approximately 1.8% of household income. Clearly, installing solar power in New Farm is a sensible thing to do financially and for the planet.
* Based on Australian Bureau of Statistics 2021 Data
About New Farm
New Farm is a suburb located in Brisbane, Queensland, Australia. It is located just two kilometers east of the Central Business District and is a popular residential area for young professionals and families. The suburb is known for its beautiful parks and gardens, including the New Farm Park and the Brisbane Powerhouse, which is a popular cultural center.
With an average of 261 days of sunshine per year, New Farm is an ideal location for solar power. The optimal angle for solar panels in this area is between 20 and 30 degrees, facing north. Homeowners and businesses in New Farm can benefit from installing solar panels, as they can significantly reduce their energy bills and contribute to a cleaner environment by using renewable energy sources. There are many solar installers in the area who can help residents and businesses make the switch to solar power.
By installing solar panels in New Farm, residents and businesses can also take advantage of government incentives and rebates, which can help offset the cost of installation. Additionally, solar power can increase the value of a property and make it more attractive to potential buyers. With its abundant sunshine and ideal location, New Farm is a prime location for solar power and a great place for homeowners and businesses to make the switch to renewable energy.