Moranbah is a mid-sized suburb in Queensland within the Isaac local government area (postcode 4744). With a population of 9,425, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $160K per year, with an average household size of 2.8 people. The most common occupations are machinery operators & drivers, technicians & trades, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Moranbah is $346,000, having increased 3.3% over the past year. Units have a median price of $280,000 (+16.7% YoY). The current median weekly rent is $540. This gives a gross rental yield of approximately 8.1%. The median monthly mortgage repayment is $1,300.
Moranbah is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 953, which is around the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Isaac LGA is moderate at 4,886 incidents per 100,000 population.
From an investment perspective, Moranbah offers a gross rental yield of 8.1%, rated as high yield. Property prices sit below the state median ($346K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 2.2x is considered affordable. House prices have moved +3.3% year-on-year.
Moranbah is a mid-sized suburb in Queensland within the Isaac local government area (postcode 4744). With a population of 9,425, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $160K per year, with an average household size of 2.8 people. The most common occupations are machinery operators & drivers, technicians & trades, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Moranbah is $346,000, having increased 3.3% over the past year. Units have a median price of $280,000 (+16.7% YoY). The current median weekly rent is $540. This gives a gross rental yield of approximately 8.1%. The median monthly mortgage repayment is $1,300.
Moranbah is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 953, which is around the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Isaac LGA is moderate at 4,886 incidents per 100,000 population.
From an investment perspective, Moranbah offers a gross rental yield of 8.1%, rated as high yield. Property prices sit below the state median ($346K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 2.2x is considered affordable. House prices have moved +3.3% year-on-year.