Located in Queensland within the Logan local government area, Carbrook is a small locality (postcode 4130). It is home to about 1,330 residents, with an older-leaning population and a median age of 46. Households earn a median income of $103K per year, with an average household size of 2.8 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 professionals, technicians & trades, clerical & administrative. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Scottish.
The median house price in Carbrook is $1.2 million, broadly unchanged over the past year. The median weekly rent is $375 (Census 2021). This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,600.
Carbrook is served by 3 schools, including 1 primary, 1 secondary, 1 combined. The average ICSEA score is 1008, which is around the national average of 1,000. Public transport access includes 1 bus stop. The crime rate in the Logan LGA is moderate at 7,987 incidents per 100,000 population.
From an investment perspective, Carbrook shows a gross rental yield of approximately 1.6%, rated as low yield. Property prices are near the state median ($1.2M/$1.1M). The price-to-income ratio of 11.8x is considered stretched. House prices have moved +0.0% 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.