Kirwan is a large suburb in Queensland within the Townsville local government area (postcode 4817). With a population of 20,780, the suburb has an established demographic with a median age of 38. Households earn a median income of $87K per year, with an average household size of 2.6 people. The most common occupations are community & personal service, professionals, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Kirwan is $463,000, having surged 12.9% over the past year. Units have a median price of $301,000 (+7.6% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 6.2%. The median monthly mortgage repayment is $1,450.
Kirwan is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 956, which is around the national average of 1,000. The crime rate in the Townsville LGA is higher than average at 10,770 incidents per 100,000 population.
From an investment perspective, Kirwan offers a gross rental yield of 6.2%, rated as high yield. Property prices sit below the state median ($463K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 5.3x is considered affordable. House prices have moved +12.9% year-on-year.
Kirwan is a large suburb in Queensland within the Townsville local government area (postcode 4817). With a population of 20,780, the suburb has an established demographic with a median age of 38. Households earn a median income of $87K per year, with an average household size of 2.6 people. The most common occupations are community & personal service, professionals, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Kirwan is $463,000, having surged 12.9% over the past year. Units have a median price of $301,000 (+7.6% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 6.2%. The median monthly mortgage repayment is $1,450.
Kirwan is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 956, which is around the national average of 1,000. The crime rate in the Townsville LGA is higher than average at 10,770 incidents per 100,000 population.
From an investment perspective, Kirwan offers a gross rental yield of 6.2%, rated as high yield. Property prices sit below the state median ($463K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 5.3x is considered affordable. House prices have moved +12.9% year-on-year.