Meridan Plains is a smaller suburb in Queensland within the Sunshine Coast local government area (postcode 4551). With a population of 4,589, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $80K per year, with an average household size of 2.6 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Meridan Plains is $885,000, having grown strongly 6.6% over the past year. Units have a median price of $620,000 (+0.8% YoY). The current median weekly rent is $690. This gives a gross rental yield of approximately 4.1%. 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 3,765 incidents per 100,000 population.
From an investment perspective, Meridan Plains offers a gross rental yield of 4.1%, 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.
Meridan Plains is a smaller suburb in Queensland within the Sunshine Coast local government area (postcode 4551). With a population of 4,589, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $80K per year, with an average household size of 2.6 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Meridan Plains is $885,000, having grown strongly 6.6% over the past year. Units have a median price of $620,000 (+0.8% YoY). The current median weekly rent is $690. This gives a gross rental yield of approximately 4.1%. 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 3,765 incidents per 100,000 population.
From an investment perspective, Meridan Plains offers a gross rental yield of 4.1%, 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.