Crestmead is a well-established suburb in Queensland within the Logan local government area (postcode 4132). With a population of 12,271, the suburb has a young professional demographic with a median age of 29. Households earn a median income of $76K per year, with an average household size of 3.1 people. The most common occupations are labourers, machinery operators & drivers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Crestmead is $620,000, having surged 18.1% over the past year. Units have a median price of $730,000 (+102.8% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $1,431.
Crestmead is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 957, which is around the national average of 1,000. Public transport access includes 34 bus stops. The crime rate in the Logan LGA is moderate at 7,825 incidents per 100,000 population.
From an investment perspective, Crestmead offers a gross rental yield of 5.0%, rated as high yield. Property prices sit below the state median ($620K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 8.1x is considered moderate. House prices have moved +18.1% year-on-year.
Crestmead is a well-established suburb in Queensland within the Logan local government area (postcode 4132). With a population of 12,271, the suburb has a young professional demographic with a median age of 29. Households earn a median income of $76K per year, with an average household size of 3.1 people. The most common occupations are labourers, machinery operators & drivers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Crestmead is $620,000, having surged 18.1% over the past year. Units have a median price of $730,000 (+102.8% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $1,431.
Crestmead is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 957, which is around the national average of 1,000. Public transport access includes 34 bus stops. The crime rate in the Logan LGA is moderate at 7,825 incidents per 100,000 population.
From an investment perspective, Crestmead offers a gross rental yield of 5.0%, rated as high yield. Property prices sit below the state median ($620K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 8.1x is considered moderate. House prices have moved +18.1% year-on-year.