South Brisbane is a settled mid-to-large suburb in Queensland within the Brisbane local government area (postcode 4101). It is home to about 14,292 residents, with a predominantly early-career demographic and a median age of 29. Households earn a median income of $95K per year, with an average household size of 1.9 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, community & personal service. Employment in the area leans toward professional services and healthcare. The top ancestries reported are English, Chinese, Australian.
Median house prices in South Brisbane stand at $1.9 million, having climbed sharply by 31.7% over the last twelve months. Units have a median price of $590,000 (+15% YoY). The current median weekly rent is $539. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $1,950.
South Brisbane is served by 4 schools, including 1 secondary, 2 combined, 1 special. The average ICSEA score is 1147, which is well above the national average of 1,000. Public transport access includes 4 rail stations, 31 bus stops. Healthcare facilities include 3 public and 4 private hospitals. The crime rate in the Brisbane LGA is moderate at 6,340 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 1.5%, which reads as low yield. Property prices are above the state median ($1.9M/$1.1M), placing it in the premium segment. The price-to-income ratio of 20.2x is considered stretched. House prices have moved +31.7% 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.