Murrumba Downs is an established suburb in Queensland within the Moreton Bay local government area (postcode 4503). It is home to about 10,795 residents, with a settled mid-life population and a median age of 39. Households earn a median income of $95K per year, with an average household size of 2.7 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 professionals, clerical & administrative, managers. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Scottish.
Murrumba Downs has a median house price of $800,000, which has risen steeply by 13.5% year-on-year. Units have a median price of $501,000 (+17.2% YoY). The current median weekly rent is $665. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,863.
Murrumba Downs is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1031, which is around the national average of 1,000. Public transport access includes 1 rail station, 29 bus stops. The crime rate in the Moreton Bay LGA is moderate at 4,728 incidents per 100,000 population.
From an investment perspective, Murrumba Downs shows a gross rental yield of approximately 4.3%, rated as moderate yield. Property prices are near the state median ($800K/$1.1M). The price-to-income ratio of 8.4x is considered moderate. House prices have moved +13.5% 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.