Herberton is a small locality in Queensland within the Tablelands local government area (postcode 4887). With a population of 895, the suburb has a settled, mature resident base with a median age of 51. Households earn a median income of $49K per year, with an average household size of 2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% 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 community & personal service, labourers, professionals. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Herberton is $318,000, having increased by 2.4% over the past year. Units have a median price of $105,000 (-51.6% YoY). The median weekly rent is $220 (Census 2021). This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $999.
Herberton is served by 1 school, including 1 secondary. The average ICSEA score is 807, which is well below the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Tablelands LGA is moderate at 6,629 incidents per 100,000 population.
Looking at the investment signals, Herberton shows a gross rental yield of approximately 3.6%, rated as moderate yield. Property prices sit below the state median ($318K/$1.1M), which can point to relative value. The price-to-income ratio of 6.5x is considered moderate. House prices have moved +2.4% year-on-year. Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.