Deeragun is a smaller residential area in Queensland within the Townsville local government area (postcode 4818). The area has roughly 4,273 residents and a mix of young professionals and families, with a median age of 32. Households earn a median income of $79K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.1% 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, community & personal service, clerical & administrative. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Deeragun is $430,000, having surged by 16.2% over the past year. Units have a median price of $390,000 (-3.8% YoY). The current median weekly rent is $520. This gives a gross rental yield of approximately 6.3%. The median monthly mortgage repayment is $1,418.
Deeragun is served by 2 schools, including 1 secondary, 1 combined. The average ICSEA score is 958, which is around the national average of 1,000. The crime rate in the Townsville LGA is higher than average at 10,578 incidents per 100,000 population.
On the investment side, Deeragun shows a gross rental yield of approximately 6.3%, rated as high yield. Property prices sit below the state median ($430K/$1.1M), which can point to relative value. The price-to-income ratio of 5.4x is considered affordable. House prices have moved +16.2% year-on-year. Population growth of +1.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.