Located in Queensland within the Logan local government area, Slacks Creek is a well-established suburb (postcode 4127). With a population of 10,408, the suburb has a blend of families and working-age professionals with a median age of 35. Households earn a median income of $68K per year, with an average household size of 2.7 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.1% 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 labourers, technicians & trades, community & personal service. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Scottish.
The median house price in Slacks Creek is $660,000, having climbed sharply by 20.9% over the past year. Units have a median price of $375,000 (+27.1% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,430.
Slacks Creek is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 900, which is below the national average of 1,000. Public transport access includes 58 bus stops. The crime rate in the Logan LGA is moderate at 7,987 incidents per 100,000 population.
From an investment perspective, Slacks Creek shows a gross rental yield of approximately 4.3%, rated as moderate yield. Property prices sit below the state median ($660K/$1.1M), which can point to relative value. The price-to-income ratio of 9.8x is considered moderate. House prices have moved +20.9% year-on-year. Population growth of +3.1% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.