Nambour (postcode 4560) is a settled mid-to-large suburb in Queensland within the Sunshine Coast local government area. It is home to about 12,145 residents, with an established demographic and a median age of 40. Households earn a median income of $64K per year, with an average household size of 2.3 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 technicians & trades, community & personal service, professionals. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Irish.
Nambour has a median house price of $765,000, which has risen solidly by 9.3% year-on-year. Units have a median price of $518,000 (+12.2% YoY). The current median weekly rent is $580. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,560.
Nambour is served by 3 schools, including 1 primary, 1 secondary, 1 combined. The average ICSEA score is 1027, which is around the national average of 1,000. Public transport access includes 1 rail station, 37 bus stops. Healthcare facilities include 1 public and 2 private hospitals. The crime rate in the Sunshine Coast LGA is below average at 3,661 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 3.9% (moderate yield). Property prices sit below the state median ($765K/$1.1M), which can point to relative value. The price-to-income ratio of 12.0x is considered stretched. House prices have moved +9.3% 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.