Charleville is a compact suburb in Queensland within the Murweh local government area (postcode 4470). With a population of 2,992, the suburb has an established family demographic with a median age of 42. Households earn a median income of $69K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.4% 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, labourers, community & personal service. Employment in the area leans toward healthcare and education. The top ancestries reported are Australian, English, Aboriginal Australian.
Median house prices in Charleville stand at $164,000, having risen solidly by 9.3% over the last twelve months. The current median weekly rent is $295. This gives a gross rental yield of approximately 9.4%. The median monthly mortgage repayment is $867.
Charleville is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 902, which is below the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Murweh LGA is moderate at 7,002 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 9.4%, which reads as high yield. Property prices sit below the state median ($164K/$1.1M), which can point to relative value. The price-to-income ratio of 2.4x is considered affordable. House prices have moved +9.3% year-on-year. Population growth of +0.4% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.