Greenbank QLD

Postcode 4124 · Logan LGA

Greenbank is a mid-sized suburb in Queensland within the Logan local government area (postcode 4124). With a population of 9,587, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $116K per year, with an average household size of 3.2 people. The most common occupations are technicians & trades, clerical & administrative, professionals. The top ancestries reported are English, Australian, Scottish.

The median house price in Greenbank is $800,000, having dipped slightly 2.1% over the past year. The current median weekly rent is $690. This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $2,015.

Greenbank is served by 2 schools, including 2 primary. The average ICSEA score is 999, which is around the national average of 1,000. Public transport access includes 19 bus stops. The crime rate in the Logan LGA is moderate at 7,825 incidents per 100,000 population.

From an investment perspective, Greenbank offers a gross rental yield of 4.5%, rated as moderate yield. Property prices are near the state median ($800K/$1.1M). The price-to-income ratio of 6.9x is considered moderate. House prices have moved -2.1% year-on-year.

INVESTMENT SIGNALS
Rental Yield4.5% Moderate Yield
Price vs State$800K/$1.1M Near Median
Affordability6.9x Moderate
Price Momentum-2.1% Falling
INCOME (ATO 2022-23)
Median Income$59,952
Mean Income$66,532
Earners6,288
YoY Change+7.6%
SEIFA INDEX (ABS)
Advantage7/10
Education5/10
Economic9/10
Disadvantage7/10
MEDIAN HOUSE
$800K
-2.1% YoY
MEDIAN RENT /WK
$430
POPULATION
9,587
DEMOGRAPHICS
Median Age37
Household Size3.2
HH Income /wk$2,240
Personal Income /wk$850
Mortgage /mth$2,015
CRIME (Logan LGA)
Crime Rate (per 100k)7,825
Total Incidents7,825
TRANSPORT
Bus Stops19
SCHOOLS (2)
Avg ICSEA999
Total Students1,640
Government2
Greenbank State SchoolPrimary · Government · ICSEA 1001
Everleigh State SchoolPrimary · Government · ICSEA 997
Data: 2024