Longreach is a smaller suburb in Queensland within the Longreach local government area (postcode 4730). With a population of 3,124, the suburb has an established demographic with a median age of 39. Households earn a median income of $85K per year, with an average household size of 2.3 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Longreach is $220,000, having grown strongly 7.3% over the past year. Units have a median price of $285,000. The current median weekly rent is $300. This gives a gross rental yield of approximately 7.1%. The median monthly mortgage repayment is $1,185.
Longreach is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 961, which is around the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Longreach LGA is moderate at 4,691 incidents per 100,000 population.
From an investment perspective, Longreach offers a gross rental yield of 7.1%, rated as high yield. Property prices sit below the state median ($220K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 2.6x is considered affordable. House prices have moved +7.3% year-on-year.
Longreach is a smaller suburb in Queensland within the Longreach local government area (postcode 4730). With a population of 3,124, the suburb has an established demographic with a median age of 39. Households earn a median income of $85K per year, with an average household size of 2.3 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Longreach is $220,000, having grown strongly 7.3% over the past year. Units have a median price of $285,000. The current median weekly rent is $300. This gives a gross rental yield of approximately 7.1%. The median monthly mortgage repayment is $1,185.
Longreach is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 961, which is around the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Longreach LGA is moderate at 4,691 incidents per 100,000 population.
From an investment perspective, Longreach offers a gross rental yield of 7.1%, rated as high yield. Property prices sit below the state median ($220K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 2.6x is considered affordable. House prices have moved +7.3% year-on-year.