Heritage Park (postcode 4118) is a smaller residential area in Queensland within the Logan local government area. It is home to about 4,930 residents, with a mix of families and early-career residents and a median age of 37. Households earn a median income of $109K per year, with an average household size of 3.1 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.1% 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 clerical & administrative, technicians & trades, community & personal service. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Irish.
Median house prices in Heritage Park sit at $888,000, little changed on a year ago. The current median weekly rent is $750. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,733.
Public transport access includes 22 bus stops. The crime rate in the Logan LGA is moderate at 7,987 incidents per 100,000 population.
From an investment perspective, Heritage Park shows a gross rental yield of approximately 4.4%, rated as moderate yield. Property prices are near the state median ($888K/$1.1M). The price-to-income ratio of 8.2x is considered moderate. House prices have moved +0.0% year-on-year. Population growth of +3.1% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.