Rocklea is a close-knit residential community in Queensland within the Brisbane local government area (postcode 4106). It is home to about 1,672 residents, with a mix of young professionals and families and a median age of 34. Households earn a median income of $78K per year, with an average household size of 2.3 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, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Irish.
Rocklea has a median house price of $693,000, which has surged by 16.4% year-on-year. Units have a median price of $455,000 (+7.1% YoY). The current median weekly rent is $410. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,635.
Rocklea is served by 1 school, including 1 primary. The average ICSEA score is 963, which is around the national average of 1,000. Public transport access includes 5 rail stations, 6 bus stops. The crime rate in the Brisbane LGA is moderate at 6,340 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 3.1% (moderate yield). Property prices sit below the state median ($693K/$1.1M), which can point to relative value. The price-to-income ratio of 8.9x is considered moderate. House prices have moved +16.4% 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.