Located in Queensland within the Moreton Bay local government area, Elimbah is a smaller suburb (postcode 4516). It is home to about 4,290 residents, with an established family demographic and a median age of 40. Households earn a median income of $114K per year, with an average household size of 3.1 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.1% 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, professionals, clerical & administrative. Employment in the area leans toward construction and healthcare. The top ancestries reported are Australian, English, Irish.
The median house price in Elimbah is $1.1 million, having climbed sharply by 11.3% over the past year. The current median weekly rent is $900. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $2,000.
Elimbah is served by 1 school, including 1 primary. The average ICSEA score is 988, which is around the national average of 1,000. Public transport access includes 1 rail station. The crime rate in the Moreton Bay LGA is moderate at 4,728 incidents per 100,000 population.
From an investment perspective, Elimbah shows a gross rental yield of approximately 4.3%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.1M). The price-to-income ratio of 9.6x is considered moderate. House prices have moved +11.3% year-on-year. Population growth of +2.1% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.