Tanah Merah (postcode 4128) is a smaller suburb in Queensland within the Logan local government area. It is home to about 4,754 residents, with a mix of families and early-career residents and a median age of 37. Households earn a median income of $99K per year, with an average household size of 2.8 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 professionals, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Irish.
Tanah Merah has a median house price of $899,000, holding roughly steady year-on-year. The current median weekly rent is $700. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,733.
Public transport access includes 10 bus stops. The crime rate in the Logan LGA is moderate at 7,987 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 4.0%, which reads as moderate yield. Property prices are near the state median ($899K/$1.1M). The price-to-income ratio of 9.1x is considered moderate. House prices have moved +0.0% 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.