Hope Island is a well-established suburb in Queensland within the Gold Coast local government area (postcode 4212). With a population of 14,522, the suburb has a mature demographic with a median age of 50. Households earn a median income of $101K per year, with an average household size of 2.4 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Hope Island is $1.1 million, having increased 2.9% over the past year. Units have a median price of $1.1 million (+15.6% YoY). The current median weekly rent is $900. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $2,200.
Public transport access includes 14 bus stops. The crime rate in the Gold Coast LGA is moderate at 5,745 incidents per 100,000 population.
From an investment perspective, Hope Island offers a gross rental yield of 4.1%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.1M). The price-to-income ratio of 11.4x is considered stretched. House prices have moved +2.9% year-on-year.
Hope Island is a well-established suburb in Queensland within the Gold Coast local government area (postcode 4212). With a population of 14,522, the suburb has a mature demographic with a median age of 50. Households earn a median income of $101K per year, with an average household size of 2.4 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Hope Island is $1.1 million, having increased 2.9% over the past year. Units have a median price of $1.1 million (+15.6% YoY). The current median weekly rent is $900. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $2,200.
Public transport access includes 14 bus stops. The crime rate in the Gold Coast LGA is moderate at 5,745 incidents per 100,000 population.
From an investment perspective, Hope Island offers a gross rental yield of 4.1%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.1M). The price-to-income ratio of 11.4x is considered stretched. House prices have moved +2.9% year-on-year.