Located in Queensland within the Logan local government area, Chambers Flat is a smaller suburb (postcode 4133). It is home to about 2,718 residents, with a mature demographic and a median age of 47. Households earn a median income of $71K 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 +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 technicians & trades, clerical & administrative, labourers. Employment in the area leans toward construction and retail trade. The top ancestries reported are English, Australian, Scottish.
Chambers Flat has a median house price of $700,000, which has risen solidly by 7.7% year-on-year. Units have a median price of $810,000 (+18.7% YoY). The current median weekly rent is $730. This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $1,950.
The crime rate in the Logan LGA is moderate at 7,987 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 5.4% (high yield). Property prices sit below the state median ($700K/$1.1M), which can point to relative value. The price-to-income ratio of 9.9x is considered moderate. House prices have moved +7.7% 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.