Located in Queensland within the Sunshine Coast local government area, Beerwah is a medium-sized suburb (postcode 4519). With a population of 7,734, the suburb has an established demographic with a median age of 40. Households earn a median income of $79K per year, with an average household size of 2.7 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.0% 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 technicians & trades, professionals, community & personal service. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Scottish.
Beerwah has a median house price of $860,000, which has grown strongly by 9.1% year-on-year. Units have a median price of $620,000 (+3% YoY). The current median weekly rent is $670. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,733.
Beerwah is served by 4 schools, including 1 primary, 2 secondary, 1 combined. The average ICSEA score is 989, which is around the national average of 1,000. Public transport access includes 1 rail station, 1 bus stop. The crime rate in the Sunshine Coast LGA is below average at 3,661 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 4.1%, which reads as moderate yield. Property prices are near the state median ($860K/$1.1M). The price-to-income ratio of 10.9x is considered stretched. House prices have moved +9.1% year-on-year. Population growth of +2.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.