Runcorn is a well-established suburb in Queensland within the Brisbane local government area (postcode 4113). With a population of 14,199, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $91K per year, with an average household size of 2.9 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are Chinese, English, Australian.
The median house price in Runcorn is $935,000, having surged 18.4% over the past year. Units have a median price of $580,000 (+21% YoY). The current median weekly rent is $660. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $1,600.
Runcorn is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1000, which is around the national average of 1,000. Public transport access includes 4 rail stations, 44 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Runcorn offers a gross rental yield of 3.7%, rated as moderate yield. Property prices are near the state median ($935K/$1.1M). The price-to-income ratio of 10.3x is considered stretched. House prices have moved +18.4% year-on-year.
Runcorn is a well-established suburb in Queensland within the Brisbane local government area (postcode 4113). With a population of 14,199, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $91K per year, with an average household size of 2.9 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are Chinese, English, Australian.
The median house price in Runcorn is $935,000, having surged 18.4% over the past year. Units have a median price of $580,000 (+21% YoY). The current median weekly rent is $660. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $1,600.
Runcorn is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1000, which is around the national average of 1,000. Public transport access includes 4 rail stations, 44 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Runcorn offers a gross rental yield of 3.7%, rated as moderate yield. Property prices are near the state median ($935K/$1.1M). The price-to-income ratio of 10.3x is considered stretched. House prices have moved +18.4% year-on-year.