Located in Queensland within the Fraser Coast local government area, Maryborough is a well-established suburb (postcode 4650). It is home to about 15,287 residents, with a mature demographic and a median age of 49. Households earn a median income of $48K per year, with an average household size of 2.2 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 community & personal service, labourers, technicians & trades. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Scottish.
Maryborough has a median house price of $400,000, which has posted strong gains by 9.6% year-on-year. Units have a median price of $284,000 (+10.4% YoY). The current median weekly rent is $490. This gives a gross rental yield of approximately 6.4%. The median monthly mortgage repayment is $1,008.
Maryborough is served by 10 schools, including 5 primary, 3 secondary, 1 combined, 1 special. The average ICSEA score is 943, which is below the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Fraser Coast LGA is moderate at 5,491 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 6.4% (high yield). Property prices sit below the state median ($400K/$1.1M), which can point to relative value. The price-to-income ratio of 8.3x is considered moderate. House prices have moved +9.6% 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.