Goondiwindi (postcode 4390) is a medium-sized suburb in Queensland within the Goondiwindi local government area. It is home to about 6,230 residents, with an established demographic and a median age of 38. Households earn a median income of $85K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.2% 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 professionals, technicians & trades, managers. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are Australian, English, Irish.
Goondiwindi has a median house price of $430,000, which has surged by 10.3% year-on-year. Units have a median price of $330,000 (+10% YoY). The current median weekly rent is $470. This gives a gross rental yield of approximately 5.7%. The median monthly mortgage repayment is $1,517.
Goondiwindi is served by 4 schools, including 1 primary, 1 secondary, 2 combined. The average ICSEA score is 976, which is around the national average of 1,000. Public transport access includes 6 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Goondiwindi LGA is moderate at 7,152 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 5.7% (high yield). Property prices sit below the state median ($430K/$1.1M), which can point to relative value. The price-to-income ratio of 5.1x is considered affordable. House prices have moved +10.3% year-on-year. Population growth of -0.2% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.