Located in Queensland within the Brisbane local government area, Pinjarra Hills is a small locality (postcode 4069). The area has roughly 771 residents and an older demographic, with a median age of 70. Households earn a median income of $81K per year, with an average household size of 2.4 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% 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 construction and healthcare. The top ancestries reported are English, Australian, Irish.
Pinjarra Hills has a median house price of $1.8 million, which has risen solidly by 9% year-on-year. The median weekly rent is $490 (Census 2021). This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $2,184.
Public transport access includes 8 bus stops. The crime rate in the Brisbane LGA is moderate at 6,340 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 1.4% (low yield). Property prices are above the state median ($1.8M/$1.1M), placing it in the premium segment. The price-to-income ratio of 21.9x is considered stretched. House prices have moved +9.0% year-on-year. Population growth of +1.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.