White Rock is a compact suburb in Queensland within the Cairns local government area (postcode 4868). With a population of 4,918, the suburb has a mix of families and early-career residents with a median age of 37. Households earn a median income of $73K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% 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 community & personal service, technicians & trades, professionals. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are German, Australian.
The median house price in White Rock is $620,000, broadly unchanged over the past year. The median weekly rent is $340 (Census 2021). This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,343.
White Rock is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 970, which is around the national average of 1,000. The crime rate in the Cairns LGA is higher than average at 11,007 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 2.9%, which reads as low yield. Property prices sit below the state median ($620K/$1.1M), which can point to relative value. The price-to-income ratio of 8.5x is considered moderate. House prices have moved +0.0% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.