Flagstone is a mid-sized suburb in Queensland within the Logan local government area (postcode 4280). With a population of 7,087, the suburb has a young professional demographic with a median age of 30. Households earn a median income of $108K per year, with an average household size of 3.3 people. The most common occupations are technicians & trades, clerical & administrative, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Flagstone is $966,000, having grown strongly 8.9% over the past year. Units have a median price of $358,000. The current median weekly rent is $600. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,820.
Flagstone is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 952, which is around the national average of 1,000. Public transport access includes 8 bus stops. The crime rate in the Logan LGA is moderate at 7,825 incidents per 100,000 population.
From an investment perspective, Flagstone offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($966K/$1.1M). The price-to-income ratio of 9.0x is considered moderate. House prices have moved +8.9% year-on-year.
Flagstone is a mid-sized suburb in Queensland within the Logan local government area (postcode 4280). With a population of 7,087, the suburb has a young professional demographic with a median age of 30. Households earn a median income of $108K per year, with an average household size of 3.3 people. The most common occupations are technicians & trades, clerical & administrative, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Flagstone is $966,000, having grown strongly 8.9% over the past year. Units have a median price of $358,000. The current median weekly rent is $600. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,820.
Flagstone is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 952, which is around the national average of 1,000. Public transport access includes 8 bus stops. The crime rate in the Logan LGA is moderate at 7,825 incidents per 100,000 population.
From an investment perspective, Flagstone offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($966K/$1.1M). The price-to-income ratio of 9.0x is considered moderate. House prices have moved +8.9% year-on-year.