Durack is a mid-sized suburb in Queensland within the Brisbane local government area (postcode 4077). With a population of 7,788, the suburb has an established demographic with a median age of 39. Households earn a median income of $66K per year, with an average household size of 2.6 people. The most common occupations are labourers, professionals, community & personal service. The top ancestries reported are English, Vietnamese, Australian.
The median house price in Durack is $743,000, having surged 15.1% over the past year. Units have a median price of $495,000 (+20.7% YoY). The current median weekly rent is $540. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,517.
Durack is served by 3 schools, including 1 primary, 1 secondary, 1 combined. The average ICSEA score is 938, which is below the national average of 1,000. Public transport access includes 22 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Durack offers a gross rental yield of 3.8%, rated as moderate yield. Property prices sit below the state median ($743K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 11.3x is considered stretched. House prices have moved +15.1% year-on-year.
Durack is a mid-sized suburb in Queensland within the Brisbane local government area (postcode 4077). With a population of 7,788, the suburb has an established demographic with a median age of 39. Households earn a median income of $66K per year, with an average household size of 2.6 people. The most common occupations are labourers, professionals, community & personal service. The top ancestries reported are English, Vietnamese, Australian.
The median house price in Durack is $743,000, having surged 15.1% over the past year. Units have a median price of $495,000 (+20.7% YoY). The current median weekly rent is $540. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,517.
Durack is served by 3 schools, including 1 primary, 1 secondary, 1 combined. The average ICSEA score is 938, which is below the national average of 1,000. Public transport access includes 22 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Durack offers a gross rental yield of 3.8%, rated as moderate yield. Property prices sit below the state median ($743K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 11.3x is considered stretched. House prices have moved +15.1% year-on-year.