Sandgate is a smaller suburb in Queensland within the Brisbane local government area (postcode 4017). With a population of 4,926, the suburb has a mature demographic with a median age of 49. Households earn a median income of $94K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Sandgate is $1.3 million, having surged 15.4% over the past year. Units have a median price of $780,000 (+33.9% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,167.
Sandgate is served by 2 schools, including 2 primary. The average ICSEA score is 1060, which is above the national average of 1,000. Public transport access includes 2 rail stations, 24 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Sandgate offers a gross rental yield of 2.0%, rated as low yield. Property prices are near the state median ($1.3M/$1.1M). The price-to-income ratio of 13.6x is considered stretched. House prices have moved +15.4% year-on-year.
Sandgate is a smaller suburb in Queensland within the Brisbane local government area (postcode 4017). With a population of 4,926, the suburb has a mature demographic with a median age of 49. Households earn a median income of $94K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Sandgate is $1.3 million, having surged 15.4% over the past year. Units have a median price of $780,000 (+33.9% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,167.
Sandgate is served by 2 schools, including 2 primary. The average ICSEA score is 1060, which is above the national average of 1,000. Public transport access includes 2 rail stations, 24 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Sandgate offers a gross rental yield of 2.0%, rated as low yield. Property prices are near the state median ($1.3M/$1.1M). The price-to-income ratio of 13.6x is considered stretched. House prices have moved +15.4% year-on-year.