Atherton (postcode 4883) is a medium-sized suburb in Queensland within the Tablelands local government area. It is home to about 7,724 residents, with an older-leaning population and a median age of 46. Households earn a median income of $57K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% 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, community & personal service, labourers. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Irish.
Atherton has a median house price of $500,000, which has risen steeply by 11.1% year-on-year. Units have a median price of $368,000 (+15.2% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,300.
Atherton is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 976, which is around the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Tablelands LGA is moderate at 6,629 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 4.7%, which reads as moderate yield. Property prices sit below the state median ($500K/$1.1M), which can point to relative value. The price-to-income ratio of 8.7x is considered moderate. House prices have moved +11.1% year-on-year. Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.