Located in Queensland within the Somerset local government area, Kilcoy is a small community (postcode 4515). It is home to about 1,996 residents, with a settled mid-life population and a median age of 38. Households earn a median income of $70K per year, with an average household size of 2.6 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, technicians & trades, community & personal service. Employment in the area leans toward manufacturing and healthcare. The top ancestries reported are English, Australian, Filipino.
Median house prices in Kilcoy stand at $578,000, having moved higher by 5% over the last twelve months. Units have a median price of $214,000. The current median weekly rent is $500. This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $1,300.
Kilcoy is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 974, which is around the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Somerset LGA is moderate at 4,695 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 4.5% (moderate yield). Property prices sit below the state median ($578K/$1.1M), which can point to relative value. The price-to-income ratio of 8.2x is considered moderate. House prices have moved +5.0% 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.