Brisbane City is a well-established suburb in Queensland within the Brisbane local government area (postcode 4000). The area has roughly 12,587 residents and a predominantly early-career demographic, with a median age of 31. Households earn a median income of $94K per year, with an average household size of 1.8 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, community & personal service. Employment in the area leans toward accommodation & food and professional services. The top ancestries reported are English, Chinese, Australian.
The median house price in Brisbane City is $1.3 million, having posted strong gains by 9.4% over the past year. Units have a median price of $579,000 (+9.2% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $1,942.
Public transport access includes 4 rail stations, 6 ferry wharfves, 100 bus stops. The crime rate in the Brisbane LGA is moderate at 6,340 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 1.9% (low yield). Property prices are near the state median ($1.3M/$1.1M). The price-to-income ratio of 14.3x is considered stretched. House prices have moved +9.4% 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.