Rochedale is a mid-sized suburb in Queensland within the Brisbane local government area (postcode 4123). With a population of 7,633, the suburb has a blend of families and working-age professionals with a median age of 33. Households earn a median income of $130K per year, with an average household size of 3.3 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, managers, clerical & administrative. Employment in the area leans toward healthcare and professional services. The top ancestries reported are Chinese, English, Australian.
Median house prices in Rochedale stand at $1.8 million, having risen steeply by 22.6% over the last twelve months. Units have a median price of $1.1 million (+12.7% YoY). The current median weekly rent is $995. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,600.
Rochedale is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 1093, which is above the national average of 1,000. Public transport access includes 2 rail stations, 37 bus stops. The crime rate in the Brisbane LGA is moderate at 6,340 incidents per 100,000 population.
From an investment perspective, Rochedale shows a gross rental yield of approximately 2.9%, rated as 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 13.6x is considered stretched. House prices have moved +22.6% 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.