Bulimba QLD

Postcode 4171 · Brisbane LGA

Bulimba is a mid-sized suburb in Queensland within the Brisbane local government area (postcode 4171). With a population of 7,623, the suburb has an established demographic with a median age of 40. Households earn a median income of $146K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.

The median house price in Bulimba is $1.9 million, having increased 4.7% over the past year. Units have a median price of $818,000 (+4.1% YoY). The current median weekly rent is $760. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,800.

Bulimba is served by 2 schools, including 2 primary. The average ICSEA score is 1140, which is well above the national average of 1,000. Public transport access includes 1 ferry wharf, 36 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.

From an investment perspective, Bulimba offers a gross rental yield of 2.0%, rated as low yield. Property prices are above the state median ($1.9M/$1.1M), placing it in the premium segment. The price-to-income ratio of 13.3x is considered stretched. House prices have moved +4.7% year-on-year.

INVESTMENT SIGNALS
Rental Yield2.0% Low Yield
Price vs State$1.9M/$1.1M Above Median
Affordability13.3x Stretched
Price Momentum+4.7% Stable
INCOME (ATO 2022-23)
Median Income$81,126
Mean Income$124,538
Earners5,587
YoY Change+1.4%
SEIFA INDEX (ABS)
Advantage10/10
Education10/10
Economic8/10
Disadvantage10/10
MEDIAN HOUSE
$1.9M
4.7% YoY
MEDIAN UNIT
$818K
4.1% YoY
MEDIAN RENT /WK
$500
POPULATION
7,623
DEMOGRAPHICS
Median Age40
Household Size2.4
HH Income /wk$2,805
Personal Income /wk$1393
Mortgage /mth$2,800
CRIME (Brisbane LGA)
Crime Rate (per 100k)6,244
Total Incidents6,244
TRANSPORT
Bus Stops36
Ferry Wharves1
Oxford St at Bulimba Ferry, stop 33
SCHOOLS (2)
Avg ICSEA1140
Total Students1,160
Government1
Catholic1
Bulimba State SchoolPrimary · Government · ICSEA 1124
Sts Peter and Paul's SchoolPrimary · Catholic · ICSEA 1156
Data: 2024