Belmont (postcode 4153) is a smaller residential area in Queensland within the Brisbane local government area. It is home to about 4,498 residents, with a settled mid-life population and a median age of 39. Households earn a median income of $126K per year, with an average household size of 2.9 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% 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, clerical & administrative. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Irish.
Median house prices in Belmont stand at $1.5 million, having surged by 11.2% over the last twelve months. Units have a median price of $700,000 (+28.4% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,167.
Public transport access includes 17 bus stops. The crime rate in the Brisbane LGA is moderate at 6,340 incidents per 100,000 population.
On the investment side, Belmont shows a gross rental yield of approximately 2.6%, rated as low yield. Property prices are above the state median ($1.5M/$1.1M), placing it in the premium segment. The price-to-income ratio of 11.9x is considered stretched. House prices have moved +11.2% year-on-year. Population growth of +1.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.