Located in Queensland within the Brisbane local government area, Kangaroo Point is a moderately sized suburb (postcode 4169). It is home to about 9,689 residents, with a mix of families and early-career residents and a median age of 36. Households earn a median income of $107K per year, with an average household size of 1.8 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 professionals, managers, clerical & administrative. Employment in the area leans toward healthcare and professional services. The top ancestries reported are English, Australian, Irish.
Median house prices in Kangaroo Point stand at $1.6 million, having risen steeply by 10.7% over the last twelve months. Units have a median price of $680,000 (+23.6% YoY). The current median weekly rent is $730. This gives a gross rental yield of approximately 2.3%. 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 6,340 incidents per 100,000 population.
Looking at the investment signals, Kangaroo Point shows a gross rental yield of approximately 2.3%, 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. 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.