Oonoonba is a smaller suburb in Queensland within the Townsville local government area (postcode 4811). With a population of 2,050, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $79K per year, with an average household size of 2.1 people. The most common occupations are community & personal service, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Oonoonba is $529,000, having surged 10.2% over the past year. Units have a median price of $300,000 (+9.6% YoY). The current median weekly rent is $520. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,430.
The crime rate in the Townsville LGA is higher than average at 10,770 incidents per 100,000 population.
From an investment perspective, Oonoonba offers a gross rental yield of 5.1%, rated as high yield. Property prices sit below the state median ($529K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 6.7x is considered moderate. House prices have moved +10.2% year-on-year.
Oonoonba is a smaller suburb in Queensland within the Townsville local government area (postcode 4811). With a population of 2,050, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $79K per year, with an average household size of 2.1 people. The most common occupations are community & personal service, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Oonoonba is $529,000, having surged 10.2% over the past year. Units have a median price of $300,000 (+9.6% YoY). The current median weekly rent is $520. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,430.
The crime rate in the Townsville LGA is higher than average at 10,770 incidents per 100,000 population.
From an investment perspective, Oonoonba offers a gross rental yield of 5.1%, rated as high yield. Property prices sit below the state median ($529K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 6.7x is considered moderate. House prices have moved +10.2% year-on-year.