Nebo QLD

Postcode 4742 · Isaac LGA

Nebo is a small community in Queensland within the Isaac local government area (postcode 4742). With a population of 857, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $103K per year, with an average household size of 2.4 people. The most common occupations are machinery operators & drivers, technicians & trades, labourers. The top ancestries reported are English, Australian, Scottish.

The median house price in Nebo is $238,000, having grown strongly 8% over the past year. Units have a median price of $165,000 (-0.6% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 10.9%. The median monthly mortgage repayment is $1,300.

Nebo is served by 1 school, including 1 primary. The average ICSEA score is 899, which is well below the national average of 1,000. The crime rate in the Isaac LGA is moderate at 4,886 incidents per 100,000 population.

From an investment perspective, Nebo offers a gross rental yield of 10.9%, rated as high yield. Property prices sit below the state median ($238K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 2.3x is considered affordable. House prices have moved +8.0% year-on-year.

INVESTMENT SIGNALS
Rental Yield10.9% High Yield
Price vs State$238K/$1.1M Below Median
Affordability2.3x Affordable
Price Momentum+8.0% Rising
SEIFA INDEX (ABS)
Advantage2/10
Education1/10
Economic3/10
Disadvantage2/10
MEDIAN HOUSE
$238K
8% YoY
MEDIAN UNIT
$165K
-0.6% YoY
MEDIAN RENT /WK
$279
POPULATION
857
DEMOGRAPHICS
Median Age37
Household Size2.4
HH Income /wk$1,981
Personal Income /wk$1083
Mortgage /mth$1,300
CRIME (Isaac LGA)
Crime Rate (per 100k)4,886
Total Incidents4,886
SCHOOLS (1)
Avg ICSEA899
Total Students93
Government1
Nebo State SchoolPrimary · Government · ICSEA 899
Data: 2024