Meridan Plains (postcode 4551) is a smaller suburb in Queensland within the Sunshine Coast local government area. The area has roughly 4,589 residents and a blend of families and working-age professionals, with a median age of 36. Households earn a median income of $80K per year, with an average household size of 2.6 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.0% 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 professionals, technicians & trades, community & personal service. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Irish.
Median house prices in Meridan Plains stand at $885,000, having posted strong gains by 6.6% over the last twelve months. Units have a median price of $620,000 (+0.8% YoY). The current median weekly rent is $715. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,850.
Meridan Plains is served by 2 schools, including 2 combined. The average ICSEA score is 1064, which is above the national average of 1,000. Public transport access includes 3 bus stops. The crime rate in the Sunshine Coast LGA is below average at 3,661 incidents per 100,000 population.
From an investment perspective, Meridan Plains shows a gross rental yield of approximately 4.2%, rated as moderate yield. Property prices are near the state median ($885K/$1.1M). The price-to-income ratio of 11.1x is considered stretched. House prices have moved +6.6% year-on-year. Population growth of +2.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.