Arundel is a well-established suburb in Queensland within the Gold Coast local government area (postcode 4214). With a population of 11,171, the suburb has an established demographic with a median age of 41. Households earn a median income of $87K per year, with an average household size of 2.7 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Arundel is $1.1 million, having surged 16.6% over the past year. Units have a median price of $642,000 (+16.1% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $2,000.
Arundel is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1079, which is above the national average of 1,000. Public transport access includes 1 rail station, 30 bus stops. The crime rate in the Gold Coast LGA is moderate at 5,745 incidents per 100,000 population.
From an investment perspective, Arundel offers a gross rental yield of 3.9%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.1M). The price-to-income ratio of 12.1x is considered stretched. House prices have moved +16.6% year-on-year.
Arundel is a well-established suburb in Queensland within the Gold Coast local government area (postcode 4214). With a population of 11,171, the suburb has an established demographic with a median age of 41. Households earn a median income of $87K per year, with an average household size of 2.7 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Arundel is $1.1 million, having surged 16.6% over the past year. Units have a median price of $642,000 (+16.1% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $2,000.
Arundel is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1079, which is above the national average of 1,000. Public transport access includes 1 rail station, 30 bus stops. The crime rate in the Gold Coast LGA is moderate at 5,745 incidents per 100,000 population.
From an investment perspective, Arundel offers a gross rental yield of 3.9%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.1M). The price-to-income ratio of 12.1x is considered stretched. House prices have moved +16.6% year-on-year.