Kangaroo Point is a mid-sized suburb in Queensland within the Brisbane local government area (postcode 4169). With a population of 9,689, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $107K per year, with an average household size of 1.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Kangaroo Point is $1.6 million, having surged 10.7% over the past year. Units have a median price of $680,000 (+23.6% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $1,950.
Kangaroo Point is served by 1 school, including 1 primary. The average ICSEA score is 1129, which is well above the national average of 1,000. Public transport access includes 18 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Kangaroo Point offers a gross rental yield of 2.0%, rated as low yield. Property prices are above the state median ($1.6M/$1.1M), placing it in the premium segment. The price-to-income ratio of 15.4x is considered stretched. House prices have moved +10.7% year-on-year.
Kangaroo Point is a mid-sized suburb in Queensland within the Brisbane local government area (postcode 4169). With a population of 9,689, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $107K per year, with an average household size of 1.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Kangaroo Point is $1.6 million, having surged 10.7% over the past year. Units have a median price of $680,000 (+23.6% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $1,950.
Kangaroo Point is served by 1 school, including 1 primary. The average ICSEA score is 1129, which is well above the national average of 1,000. Public transport access includes 18 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Kangaroo Point offers a gross rental yield of 2.0%, rated as low yield. Property prices are above the state median ($1.6M/$1.1M), placing it in the premium segment. The price-to-income ratio of 15.4x is considered stretched. House prices have moved +10.7% year-on-year.