Bulimba (postcode 4171) is a medium-sized suburb in Queensland within the Brisbane local government area. The area has roughly 7,623 residents and 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. 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 professional services and healthcare. The top ancestries reported are English, Australian, Irish.
Bulimba has a median house price of $1.9 million, which has risen by 4.7% year-on-year. Units have a median price of $818,000 (+4.1% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 2.1%. 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 6,340 incidents per 100,000 population.
On the investment side, Bulimba shows a gross rental yield of approximately 2.1%, 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. 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.