The Gap (postcode 4061) is a well-established suburb in Queensland within the Brisbane local government area. It is home to about 17,318 residents, with an established family demographic and a median age of 42. Households earn a median income of $134K per year, with an average household size of 2.9 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, machinery operators & drivers. Employment in the area leans toward mining and healthcare. The top ancestries reported are Australian, English, Aboriginal Australian.
The Gap has a median house price of $1.4 million, holding roughly steady year-on-year. The median weekly rent is $490 (Census 2021). This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,253.
The Gap is served by 5 schools, including 4 primary, 1 secondary. The average ICSEA score is 1132, which is well above the national average of 1,000. Public transport access includes 76 bus stops. The crime rate in the Brisbane LGA is moderate at 6,340 incidents per 100,000 population.
On the investment side, The Gap shows a gross rental yield of approximately 1.8%, rated as low yield. Property prices are near the state median ($1.4M/$1.1M). The price-to-income ratio of 10.4x 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.