Victoria Point is a well-established suburb in Queensland within the Redland local government area (postcode 4165). With a population of 15,140, the suburb has a mature demographic with a median age of 49. Households earn a median income of $79K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Victoria Point is $865,000, having grown strongly 9.5% over the past year. Units have a median price of $615,000 (+22.4% YoY). The current median weekly rent is $730. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,950.
Victoria Point is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 1005, which is around the national average of 1,000. Public transport access includes 1 rail station, 68 bus stops. The crime rate in the Redland LGA is below average at 3,545 incidents per 100,000 population.
From an investment perspective, Victoria Point offers a gross rental yield of 4.4%, rated as moderate yield. Property prices are near the state median ($865K/$1.1M). The price-to-income ratio of 11.0x is considered stretched. House prices have moved +9.5% year-on-year.
Victoria Point is a well-established suburb in Queensland within the Redland local government area (postcode 4165). With a population of 15,140, the suburb has a mature demographic with a median age of 49. Households earn a median income of $79K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, professionals, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Victoria Point is $865,000, having grown strongly 9.5% over the past year. Units have a median price of $615,000 (+22.4% YoY). The current median weekly rent is $730. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,950.
Victoria Point is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 1005, which is around the national average of 1,000. Public transport access includes 1 rail station, 68 bus stops. The crime rate in the Redland LGA is below average at 3,545 incidents per 100,000 population.
From an investment perspective, Victoria Point offers a gross rental yield of 4.4%, rated as moderate yield. Property prices are near the state median ($865K/$1.1M). The price-to-income ratio of 11.0x is considered stretched. House prices have moved +9.5% year-on-year.