Ayr is a moderately sized suburb in Queensland within the Burdekin local government area (postcode 4807). The area has roughly 8,603 residents and an established demographic, with a median age of 44. Households earn a median income of $65K 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 +0.5% 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, technicians & trades, professionals. Employment in the area leans toward agriculture and manufacturing. The top ancestries reported are Australian, English, Italian.
Ayr has a median house price of $260,000, which has jumped by 10.6% year-on-year. Units have a median price of $215,000 (+14.7% YoY). The current median weekly rent is $400. This gives a gross rental yield of approximately 8.0%. The median monthly mortgage repayment is $1,213.
Ayr is served by 7 schools, including 3 primary, 2 secondary, 1 combined, 1 special. The average ICSEA score is 933, which is below the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Burdekin LGA is moderate at 4,622 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 8.0%, which reads as high yield. Property prices sit below the state median ($260K/$1.1M), which can point to relative value. The price-to-income ratio of 4.0x is considered affordable. House prices have moved +10.6% year-on-year. Population growth of +0.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.