Birkdale (postcode 4159) is a well-established suburb in Queensland within the Redland local government area. The area has roughly 14,816 residents and an established demographic, with a median age of 43. Households earn a median income of $99K 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 +1.7% 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, clerical & administrative, technicians & trades. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Irish.
Birkdale has a median house price of $975,000, which has jumped by 11.7% year-on-year. Units have a median price of $640,000 (+17.4% YoY). The current median weekly rent is $725. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $2,000.
Birkdale is served by 3 schools, including 3 primary. The average ICSEA score is 1022, which is around the national average of 1,000. Public transport access includes 1 rail station, 54 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Redland LGA is below average at 3,602 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 3.9% (moderate yield). Property prices are near the state median ($975K/$1.1M). The price-to-income ratio of 9.9x is considered moderate. House prices have moved +11.7% year-on-year. Population growth of +1.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.