Aitkenvale is a smaller suburb in Queensland within the Townsville local government area (postcode 4814). With a population of 4,797, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $72K per year, with an average household size of 2.4 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Aitkenvale is $378,000, having grown strongly 9.6% over the past year. Units have a median price of $340,000 (+54% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 6.2%. The median monthly mortgage repayment is $1,387.
Aitkenvale is served by 2 schools, including 2 primary. The average ICSEA score is 940, which is below the national average of 1,000. The crime rate in the Townsville LGA is higher than average at 10,770 incidents per 100,000 population.
From an investment perspective, Aitkenvale offers a gross rental yield of 6.2%, rated as high yield. Property prices sit below the state median ($378K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 5.3x is considered affordable. House prices have moved +9.6% year-on-year.
Aitkenvale is a smaller suburb in Queensland within the Townsville local government area (postcode 4814). With a population of 4,797, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $72K per year, with an average household size of 2.4 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Aitkenvale is $378,000, having grown strongly 9.6% over the past year. Units have a median price of $340,000 (+54% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 6.2%. The median monthly mortgage repayment is $1,387.
Aitkenvale is served by 2 schools, including 2 primary. The average ICSEA score is 940, which is below the national average of 1,000. The crime rate in the Townsville LGA is higher than average at 10,770 incidents per 100,000 population.
From an investment perspective, Aitkenvale offers a gross rental yield of 6.2%, rated as high yield. Property prices sit below the state median ($378K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 5.3x is considered affordable. House prices have moved +9.6% year-on-year.