Hemmant (postcode 4174) is a compact suburb in Queensland within the Brisbane local government area. The area has roughly 2,886 residents and a mix of young professionals and families, with a median age of 36. Households earn a median income of $111K per year, with an average household size of 2.7 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% 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, clerical & administrative, technicians & trades. Employment in the area leans toward healthcare and manufacturing. The top ancestries reported are English, Australian, Irish.
Hemmant has a median house price of $1.1 million, holding roughly steady year-on-year. The current median weekly rent is $500. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,000.
Hemmant is served by 1 school, including 1 special. The average ICSEA score is 903, which is below the national average of 1,000. Public transport access includes 1 rail station, 3 bus stops. The crime rate in the Brisbane LGA is moderate at 6,340 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 2.3%, which reads as low yield. Property prices are near the state median ($1.1M/$1.1M). The price-to-income ratio of 10.1x is considered stretched. House prices have moved +0.0% year-on-year. Population growth of +1.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.