Narangba is a large suburb in Queensland within the Moreton Bay local government area (postcode 4504). With a population of 20,910, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $115K per year, with an average household size of 3.1 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Narangba is $790,000, having grown strongly 9.1% over the past year. Units have a median price of $479,000 (+14.1% YoY). The current median weekly rent is $640. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,900.
Narangba is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 998, which is around the national average of 1,000. Public transport access includes 1 rail station, 37 bus stops. The crime rate in the Moreton Bay LGA is moderate at 4,652 incidents per 100,000 population.
From an investment perspective, Narangba offers a gross rental yield of 4.2%, rated as moderate yield. Property prices are near the state median ($790K/$1.1M). The price-to-income ratio of 6.9x is considered moderate. House prices have moved +9.1% year-on-year.
Narangba is a large suburb in Queensland within the Moreton Bay local government area (postcode 4504). With a population of 20,910, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $115K per year, with an average household size of 3.1 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Narangba is $790,000, having grown strongly 9.1% over the past year. Units have a median price of $479,000 (+14.1% YoY). The current median weekly rent is $640. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,900.
Narangba is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 998, which is around the national average of 1,000. Public transport access includes 1 rail station, 37 bus stops. The crime rate in the Moreton Bay LGA is moderate at 4,652 incidents per 100,000 population.
From an investment perspective, Narangba offers a gross rental yield of 4.2%, rated as moderate yield. Property prices are near the state median ($790K/$1.1M). The price-to-income ratio of 6.9x is considered moderate. House prices have moved +9.1% year-on-year.