Tannum Sands (postcode 4680) is a medium-sized suburb in Queensland within the Gladstone local government area. With a population of 5,227, the suburb has a settled mid-life population with a median age of 41. Households earn a median income of $106K 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 +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 technicians & trades, professionals, community & personal service. Employment in the area leans toward manufacturing and construction. The top ancestries reported are English, Australian, Scottish.
The median house price in Tannum Sands is $660,000, broadly unchanged over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,733.
Tannum Sands is served by 4 schools, including 2 primary, 2 secondary. The average ICSEA score is 990, which is around the national average of 1,000. The crime rate in the Gladstone LGA is moderate at 5,791 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 4.3% (moderate yield). Property prices sit below the state median ($660K/$1.1M), which can point to relative value. The price-to-income ratio of 6.2x is considered moderate. 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.