Located in Queensland within the Sunshine Coast local government area, Aroona is a smaller suburb (postcode 4551). It is home to about 3,466 residents, with an established demographic and a median age of 43. Households earn a median income of $97K per year, with an average household size of 2.7 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.0% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Irish.
Aroona has a median house price of $920,000, which has risen solidly by 7% year-on-year. Units have a median price of $635,000 (+2.8% YoY). The current median weekly rent is $830. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,950.
Public transport access includes 9 bus stops. The crime rate in the Sunshine Coast LGA is below average at 3,661 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 4.7% (moderate yield). Property prices are near the state median ($920K/$1.1M). The price-to-income ratio of 9.5x is considered moderate. House prices have moved +7.0% year-on-year. Population growth of +2.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.