Kuraby is a mid-sized suburb in Queensland within the Brisbane local government area (postcode 4112). With a population of 8,737, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $111K per year, with an average household size of 3.3 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Chinese, English, Australian.
The median house price in Kuraby is $1.2 million, having surged 28.3% over the past year. Units have a median price of $505,000 (+12.2% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,100.
Kuraby is served by 2 schools, including 1 primary, 1 special. The average ICSEA score is 1003, which is around the national average of 1,000. Public transport access includes 3 rail stations, 16 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Kuraby offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($1.2M/$1.1M). The price-to-income ratio of 10.8x is considered stretched. House prices have moved +28.3% year-on-year.
Kuraby is a mid-sized suburb in Queensland within the Brisbane local government area (postcode 4112). With a population of 8,737, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $111K per year, with an average household size of 3.3 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Chinese, English, Australian.
The median house price in Kuraby is $1.2 million, having surged 28.3% over the past year. Units have a median price of $505,000 (+12.2% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,100.
Kuraby is served by 2 schools, including 1 primary, 1 special. The average ICSEA score is 1003, which is around the national average of 1,000. Public transport access includes 3 rail stations, 16 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Kuraby offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($1.2M/$1.1M). The price-to-income ratio of 10.8x is considered stretched. House prices have moved +28.3% year-on-year.