Located in Queensland within the Logan local government area, Browns Plains is a moderately sized suburb (postcode 4118). The area has roughly 6,632 residents and a blend of families and working-age professionals, with a median age of 34. Households earn a median income of $72K 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 +3.1% 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 machinery operators & drivers, technicians & trades, labourers. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Irish.
Browns Plains has a median house price of $700,000, which has surged by 17.6% year-on-year. Units have a median price of $455,000 (+23.3% YoY). The current median weekly rent is $630. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,434.
Browns Plains is served by 3 schools, including 1 primary, 2 secondary. The average ICSEA score is 944, which is below the national average of 1,000. Public transport access includes 1 rail station, 17 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Logan LGA is moderate at 7,987 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 4.7% (moderate yield). Property prices sit below the state median ($700K/$1.1M), which can point to relative value. The price-to-income ratio of 9.7x is considered moderate. House prices have moved +17.6% year-on-year. Population growth of +3.1% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.