Sheldon (postcode 4157) is a close-knit residential community in Queensland within the Redland local government area. It is home to about 1,762 residents, with an older-leaning population and a median age of 47. Households earn a median income of $133K per year, with an average household size of 3.1 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.7% 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, technicians & trades. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Scottish.
Sheldon has a median house price of $955,000, which has risen steeply by 15.8% year-on-year. The median weekly rent is $473 (Census 2021). This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,600.
Sheldon is served by 1 school, including 1 combined. The average ICSEA score is 1124, which is well above the national average of 1,000. Public transport access includes 11 bus stops. The crime rate in the Redland LGA is below average at 3,602 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 2.6%, which reads as low yield. Property prices are near the state median ($955K/$1.1M). The price-to-income ratio of 7.2x is considered moderate. House prices have moved +15.8% year-on-year. Population growth of +1.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.