Cashmere is a smaller suburb in Queensland within the Moreton Bay local government area (postcode 4500). With a population of 4,970, the suburb has an established demographic with a median age of 40. Households earn a median income of $153K per year, with an average household size of 3.2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Cashmere is $897,000, having increased 4.9% over the past year. Units have a median price of $498,000 (+14.9% YoY). The median weekly rent is $500 (Census 2021). This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,200.
Public transport access includes 2 bus stops. The crime rate in the Moreton Bay LGA is moderate at 4,652 incidents per 100,000 population.
From an investment perspective, Cashmere offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($897K/$1.1M). The price-to-income ratio of 5.8x is considered affordable. House prices have moved +4.9% year-on-year.
Cashmere is a smaller suburb in Queensland within the Moreton Bay local government area (postcode 4500). With a population of 4,970, the suburb has an established demographic with a median age of 40. Households earn a median income of $153K per year, with an average household size of 3.2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Cashmere is $897,000, having increased 4.9% over the past year. Units have a median price of $498,000 (+14.9% YoY). The median weekly rent is $500 (Census 2021). This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,200.
Public transport access includes 2 bus stops. The crime rate in the Moreton Bay LGA is moderate at 4,652 incidents per 100,000 population.
From an investment perspective, Cashmere offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($897K/$1.1M). The price-to-income ratio of 5.8x is considered affordable. House prices have moved +4.9% year-on-year.