Moorooka is a well-established suburb in Queensland within the Brisbane local government area (postcode 4105). With a population of 10,783, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $97K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Moorooka is $1.1 million, having surged 16.7% over the past year. Units have a median price of $548,000 (+13% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,000.
Moorooka is served by 2 schools, including 2 primary. The average ICSEA score is 1044, which is around the national average of 1,000. Public transport access includes 1 rail station, 74 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Moorooka offers a gross rental yield of 3.0%, rated as low yield. Property prices are near the state median ($1.1M/$1.1M). The price-to-income ratio of 10.8x is considered stretched. House prices have moved +16.7% year-on-year.
Moorooka is a well-established suburb in Queensland within the Brisbane local government area (postcode 4105). With a population of 10,783, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $97K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Moorooka is $1.1 million, having surged 16.7% over the past year. Units have a median price of $548,000 (+13% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,000.
Moorooka is served by 2 schools, including 2 primary. The average ICSEA score is 1044, which is around the national average of 1,000. Public transport access includes 1 rail station, 74 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Moorooka offers a gross rental yield of 3.0%, rated as low yield. Property prices are near the state median ($1.1M/$1.1M). The price-to-income ratio of 10.8x is considered stretched. House prices have moved +16.7% year-on-year.