Point Vernon is a mid-sized suburb in Queensland within the Fraser Coast local government area (postcode 4655). With a population of 5,718, the suburb has a mature demographic with a median age of 52. Households earn a median income of $56K per year, with an average household size of 2.3 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Point Vernon is $610,000, having grown strongly 7.5% over the past year. Units have a median price of $719,000 (+111.8% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,300.
The crime rate in the Fraser Coast LGA is moderate at 5,445 incidents per 100,000 population.
From an investment perspective, Point Vernon offers a gross rental yield of 5.1%, rated as high yield. Property prices sit below the state median ($610K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 10.9x is considered stretched. House prices have moved +7.5% year-on-year.
Point Vernon is a mid-sized suburb in Queensland within the Fraser Coast local government area (postcode 4655). With a population of 5,718, the suburb has a mature demographic with a median age of 52. Households earn a median income of $56K per year, with an average household size of 2.3 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Point Vernon is $610,000, having grown strongly 7.5% over the past year. Units have a median price of $719,000 (+111.8% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,300.
The crime rate in the Fraser Coast LGA is moderate at 5,445 incidents per 100,000 population.
From an investment perspective, Point Vernon offers a gross rental yield of 5.1%, rated as high yield. Property prices sit below the state median ($610K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 10.9x is considered stretched. House prices have moved +7.5% year-on-year.