Inala is a well-established suburb in Queensland within the Brisbane local government area (postcode 4077). The area has roughly 15,273 residents and a blend of families and working-age professionals, with a median age of 33. Households earn a median income of $52K per year, with an average household size of 2.9 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 labourers, community & personal service, machinery operators & drivers. Employment in the area leans toward manufacturing and healthcare. The top ancestries reported are Vietnamese, Australian, English.
Inala has a median house price of $680,000, which has surged by 21.4% year-on-year. Units have a median price of $500,000 (+21.4% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,300.
Inala is served by 6 schools, including 4 primary, 2 special. The average ICSEA score is 919, which is below the national average of 1,000. Public transport access includes 1 rail station, 91 bus stops. The crime rate in the Brisbane LGA is moderate at 6,340 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 4.2% (moderate yield). Property prices sit below the state median ($680K/$1.1M), which can point to relative value. The price-to-income ratio of 13.1x is considered stretched. House prices have moved +21.4% 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.