Seventeen Mile Rocks is a smaller suburb in Queensland within the Brisbane local government area (postcode 4073). With a population of 2,699, the suburb has an established demographic with a median age of 38. Households earn a median income of $136K per year, with an average household size of 2.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Seventeen Mile Rocks is $1.2 million, having surged 19.4% over the past year. Units have a median price of $785,000 (+32.5% YoY). The median weekly rent is $425 (Census 2021). This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,156.
Public transport access includes 9 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Seventeen Mile Rocks offers a gross rental yield of 1.9%, rated as low yield. Property prices are near the state median ($1.2M/$1.1M). The price-to-income ratio of 8.6x is considered moderate. House prices have moved +19.4% year-on-year.
Seventeen Mile Rocks is a smaller suburb in Queensland within the Brisbane local government area (postcode 4073). With a population of 2,699, the suburb has an established demographic with a median age of 38. Households earn a median income of $136K per year, with an average household size of 2.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Seventeen Mile Rocks is $1.2 million, having surged 19.4% over the past year. Units have a median price of $785,000 (+32.5% YoY). The median weekly rent is $425 (Census 2021). This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,156.
Public transport access includes 9 bus stops. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Seventeen Mile Rocks offers a gross rental yield of 1.9%, rated as low yield. Property prices are near the state median ($1.2M/$1.1M). The price-to-income ratio of 8.6x is considered moderate. House prices have moved +19.4% year-on-year.