Burpengary East is a medium-sized suburb in Queensland within the Moreton Bay local government area (postcode 4505). It is home to about 9,654 residents, with an established demographic and a median age of 38. Households earn a median income of $95K 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 +2.1% 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 technicians & trades, clerical & administrative, professionals. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Scottish.
Median house prices in Burpengary East stand at $845,000, having increased by 3% over the last twelve months. The current median weekly rent is $625. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $2,058.
Public transport access includes 2 bus stops. The crime rate in the Moreton Bay LGA is moderate at 4,728 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 3.8%, which reads as moderate yield. Property prices are near the state median ($845K/$1.1M). The price-to-income ratio of 8.9x is considered moderate. House prices have moved +3.0% year-on-year. Population growth of +2.1% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.