Strathpine is a settled mid-to-large suburb in Queensland within the Moreton Bay local government area (postcode 4500). The area has roughly 10,647 residents and a mix of young professionals and families, with a median age of 37. Households earn a median income of $81K 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 +2.1% 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 technicians & trades, clerical & administrative, professionals. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Scottish.
Median house prices in Strathpine stand at $738,000, having climbed sharply by 14.3% over the last twelve months. Units have a median price of $467,000 (+16.8% YoY). The current median weekly rent is $640. This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $1,603.
Strathpine is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 967, which is around the national average of 1,000. Public transport access includes 4 rail stations, 35 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Moreton Bay LGA is moderate at 4,728 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 4.5%, which reads as moderate yield. Property prices sit below the state median ($738K/$1.1M), which can point to relative value. The price-to-income ratio of 9.1x is considered moderate. House prices have moved +14.3% year-on-year. Population growth of +2.1% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.