Located in Queensland within the Cairns local government area, Stratford is a close-knit residential community (postcode 4870). With a population of 1,198, the suburb has an established demographic with a median age of 41. Households earn a median income of $93K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% 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, technicians & trades, managers. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Scottish.
The median house price in Stratford is $885,000, broadly unchanged over the past year. The current median weekly rent is $530. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,700.
The crime rate in the Cairns LGA is higher than average at 11,007 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 3.1% (moderate yield). Property prices are near the state median ($885K/$1.1M). The price-to-income ratio of 9.5x is considered moderate. House prices have moved +0.0% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.