Eagle Farm is a quiet locality in Queensland within the Brisbane local government area (postcode 4009). It is home to about 11 residents, with an established family demographic and a median age of 38. Households earn a median income of $43K per year, with an average household size of 1.8 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% 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 top ancestries reported are English, Australian.
Median house prices in Eagle Farm stand at $764,000, having surged by 37.6% over the last twelve months. Units have a median price of $655,000 (+6.1% YoY). The median weekly rent is $450 (Census 2021). This gives a gross rental yield of approximately 3.1%.
Public transport access includes 23 bus stops. The crime rate in the Brisbane LGA is moderate at 6,340 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 3.1% (moderate yield). Property prices sit below the state median ($764K/$1.1M), which can point to relative value. The price-to-income ratio of 17.8x is considered stretched. House prices have moved +37.6% year-on-year. Population growth of +1.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.