Avenell Heights is a mid-sized suburb in Queensland within the Bundaberg local government area (postcode 4670). The area has roughly 5,028 residents and an older-leaning population, with a median age of 47. Households earn a median income of $55K per year, with an average household size of 2.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.3% 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 labourers, community & personal service, professionals. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, German.
Avenell Heights has a median house price of $605,000, holding roughly steady year-on-year. The current median weekly rent is $480. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,200.
The crime rate in the Bundaberg LGA is moderate at 4,913 incidents per 100,000 population.
Looking at the investment signals, Avenell Heights shows a gross rental yield of approximately 4.1%, rated as moderate yield. Property prices sit below the state median ($605K/$1.1M), which can point to relative value. The price-to-income ratio of 10.9x is considered stretched. House prices have moved +0.0% year-on-year. Population growth of +1.3% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.