Fortitude Valley is a mid-sized suburb in Queensland within the Brisbane local government area (postcode 4006). With a population of 9,708, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $86K per year, with an average household size of 1.6 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Fortitude Valley is $1.6 million, having surged 19% over the past year. Units have a median price of $500,000 (+16.1% YoY). The current median weekly rent is $620. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $1,718.
Fortitude Valley is served by 4 schools, including 3 secondary, 1 combined. The average ICSEA score is 1086, which is above the national average of 1,000. Public transport access includes 1 rail station, 1 ferry wharf, 41 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Fortitude Valley offers a gross rental yield of 2.0%, rated as low yield. Property prices are above the state median ($1.6M/$1.1M), placing it in the premium segment. The price-to-income ratio of 18.8x is considered stretched. House prices have moved +19.0% year-on-year.
Fortitude Valley is a mid-sized suburb in Queensland within the Brisbane local government area (postcode 4006). With a population of 9,708, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $86K per year, with an average household size of 1.6 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Fortitude Valley is $1.6 million, having surged 19% over the past year. Units have a median price of $500,000 (+16.1% YoY). The current median weekly rent is $620. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $1,718.
Fortitude Valley is served by 4 schools, including 3 secondary, 1 combined. The average ICSEA score is 1086, which is above the national average of 1,000. Public transport access includes 1 rail station, 1 ferry wharf, 41 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Fortitude Valley offers a gross rental yield of 2.0%, rated as low yield. Property prices are above the state median ($1.6M/$1.1M), placing it in the premium segment. The price-to-income ratio of 18.8x is considered stretched. House prices have moved +19.0% year-on-year.