Barcaldine is a close-knit residential community in Queensland within the Barcaldine local government area (postcode 4725). With a population of 1,540, the suburb has an established family demographic with a median age of 43. Households earn a median income of $77K 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 +0.9% 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, managers, technicians & trades. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are Australian, English, Irish.
The median house price in Barcaldine is $175,000, having risen steeply by 16.7% over the past year. Units have a median price of $140,000. The current median weekly rent is $300. This gives a gross rental yield of approximately 8.9%. The median monthly mortgage repayment is $1,213.
Barcaldine is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 956, which is around the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Barcaldine LGA is higher than average at 8,455 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 8.9% (high yield). Property prices sit below the state median ($175K/$1.1M), which can point to relative value. The price-to-income ratio of 2.3x is considered affordable. House prices have moved +16.7% year-on-year. Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.