Esk is a small community in Queensland within the Somerset local government area (postcode 4312). With a population of 1,641, the suburb has an older demographic with a median age of 58. Households earn a median income of $47K per year, with an average household size of 2.1 people. The most common occupations are community & personal service, labourers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Esk is $559,000, having surged 29.2% over the past year. Units have a median price of $200,000. The median weekly rent is $260 (Census 2021). This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,181.
Esk is served by 1 school, including 1 primary. The average ICSEA score is 970, which is around the national average of 1,000. Public transport access includes 4 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Somerset LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, Esk offers a gross rental yield of 2.4%, rated as low yield. Property prices sit below the state median ($559K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 11.8x is considered stretched. House prices have moved +29.2% year-on-year.
Esk is a small community in Queensland within the Somerset local government area (postcode 4312). With a population of 1,641, the suburb has an older demographic with a median age of 58. Households earn a median income of $47K per year, with an average household size of 2.1 people. The most common occupations are community & personal service, labourers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Esk is $559,000, having surged 29.2% over the past year. Units have a median price of $200,000. The median weekly rent is $260 (Census 2021). This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,181.
Esk is served by 1 school, including 1 primary. The average ICSEA score is 970, which is around the national average of 1,000. Public transport access includes 4 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Somerset LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, Esk offers a gross rental yield of 2.4%, rated as low yield. Property prices sit below the state median ($559K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 11.8x is considered stretched. House prices have moved +29.2% year-on-year.