Located in Queensland within the Brisbane local government area, Shorncliffe is a small community (postcode 4017). With a population of 1,907, the suburb has a settled, mature resident base with a median age of 47. Households earn a median income of $117K per year, with an average household size of 2.6 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 Shorncliffe sit at $1.2 million, little changed on a year ago. The median weekly rent is $275 (Census 2021). This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $2,201.
Shorncliffe is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1107, which is well above the national average of 1,000. Public transport access includes 1 rail station, 1 ferry wharf, 14 bus stops. The crime rate in the Brisbane LGA is moderate at 6,340 incidents per 100,000 population.
From an investment perspective, Shorncliffe shows a gross rental yield of approximately 1.2%, rated as low yield. Property prices are near the state median ($1.2M/$1.1M). The price-to-income ratio of 10.6x is considered stretched. House prices have moved +0.0% 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.