Located in Queensland within the Moreton Bay local government area, Kippa-Ring is a medium-sized suburb (postcode 4021). With a population of 9,745, the suburb has an established demographic with a median age of 43. Households earn a median income of $67K per year, with an average household size of 2.5 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.1% 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 technicians & trades, community & personal service, clerical & administrative. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Irish.
The median house price in Kippa-Ring is $865,000, broadly unchanged over the past year. The current median weekly rent is $630. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,583.
Kippa-Ring is served by 2 schools, including 2 primary. The average ICSEA score is 925, which is below the national average of 1,000. Public transport access includes 1 rail station, 37 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Moreton Bay LGA is moderate at 4,728 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 3.8%, which reads as moderate yield. Property prices are near the state median ($865K/$1.1M). The price-to-income ratio of 12.8x is considered stretched. House prices have moved +0.0% year-on-year. Population growth of +2.1% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.