Seventeen Mile Rocks (postcode 4073) is a smaller residential area in Queensland within the Brisbane local government area. It is home to about 2,699 residents, with an established demographic and a median age of 38. Households earn a median income of $136K per year, with an average household size of 2.9 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 education. The top ancestries reported are English, Australian, Irish.
Median house prices in Seventeen Mile Rocks stand at $1.2 million, having jumped by 19.4% over the last twelve months. 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 6,340 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 1.9% (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. 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.