Located in Queensland within the Brisbane local government area, Stretton is a smaller residential area (postcode 4116). It is home to about 4,686 residents, with an established family demographic and a median age of 38. Households earn a median income of $111K per year, with an average household size of 3.4 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 retail trade. The top ancestries reported are Chinese, English, Australian.
The median house price in Stretton is $1.4 million, broadly unchanged over the past year. The current median weekly rent is $835. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,167.
Stretton is served by 1 school, including 1 combined. The average ICSEA score is 1068, which is above the national average of 1,000. Public transport access includes 15 bus stops. The crime rate in the Brisbane LGA is moderate at 6,340 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 3.1% (moderate yield). Property prices are near the state median ($1.4M/$1.1M). The price-to-income ratio of 12.6x 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.